The Dubai Land Department's blockchain project and Smart Dubai's push for a digital property market are among the key initiatives driving blockchain adoption in the Dubai real estate. Blockchain technology improves transparency, security, and efficiency by reducing fraud, speeding up transactions, and eliminating middlemen, resulting in cost savings. Additionally, blockchain enables property tokenisation, allowing for fractional ownership and more investment opportunities.
Katy Priscott
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The Impact of Blockchain on Dubai Real Estate Transactions
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