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Arry Hashemi
Arry Hashemi

Dubai’s Real Estate Goes Blockchain: $16B Tokenization Push by 2033

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Dubai has embarked on a groundbreaking initiative to integrate blockchain technology into its real estate sector, launching a pilot program aimed at tokenizing property title deeds. Spearheaded by the Dubai Land Department (DLD), with support from the Virtual Assets Regulatory Authority (VARA), this move is poised to revolutionize property transactions in the emirate.