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Why is Israel pushing for blockchain-based real estate? - interview - The Jerusalem Post

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According to a tender issued earlier this month, the Israel Lands Authority is now actively seeking blockchain experts to explore various applications of this technology within its operations.The applications point to blockchain being used for property registration, license management, the execution of transactions and agreements through smart contracts, tokenization of real estate properties, the creation of a platform for token trading and evaluations, and the establishment of a distributed database for real estate registration across Israel.Blockchain is a decentralized digital ledger that enables and records secure peer-to-peer transactions across a network of computers, ensuring transparency and immutability of data. Tokenization is the process of converting real-world assets, such as property or stocks, into digital tokens on a ...

Jerusalem Post     Sep 26, 2023