Crypto has already begun to create new opportunities for fractional ownership / transfer of real estate, on-chain collateralisation (DeFi lending) and DAO collective ownership of property.
Feb 2, 2022·edited Feb 2, 2022Liked by Justin Shee
Very interesting Mr Shee.
A question around the Defi lending against physical property example - how do the lenders enforce security in the real world if the lender defaults? Presumably without being integrated into other systems (i.e. the land registry and legal system in the UK) owning the NFT that represents the land wouldn't be sufficient for the lenders to take ownership of the property?
Very interesting Mr Shee.
A question around the Defi lending against physical property example - how do the lenders enforce security in the real world if the lender defaults? Presumably without being integrated into other systems (i.e. the land registry and legal system in the UK) owning the NFT that represents the land wouldn't be sufficient for the lenders to take ownership of the property?