Digital Real Estate Markets

Real estate has long been a symbol of stability, security, and down-to-earthness. But now it is going digital: as a token on the blockchain, as an NFT in the metaverse, or as part of a decentralized portfolio. Ownership is changing-in its form, in its access, and in its meaning. The first countries are beginning to reform their legal systems. This book explains how tokenization is transforming real houses into tradable fractions, how virtual real estate is being traded, what PropTechs are changing - and why platforms, artificial intelligence, and smart contracts will soon play a central role in administration, financing, and investment. Critical, well-founded, and easy to understand, this work sheds light on the economic, technical, and legal dimensions of this transformation-from the democratic opening of the market to new risks such as cyberattacks to the question of who will own digital property in the future. A book for anyone who wants to know how the world's oldest asset is transforming into one of the most innovative technologies of our time. And what that means for markets and society. Bremen University Press has published over 4,800 specialist books in various languages since 2005.