A New Technological Frontier: Real Estate Tokens

Technology should be seen from the legal perspective as that tool to bring people closer and closer together and generate trust through technology-based products and/or services such as, for example, blockchain, obviously, as long as the activities we intend to technify are coated with legality.

The operation, process and development of the business model will be left to the decision of the promoters or entities involved in such management.

Entering fully into the Real Estate topic, it is important to highlight that in many jurisdictions the acts and contracts that have as object the constitution, transmission, modification or extinction of real rights over real estate must be recorded by Public instrument; This means that, if we use smart contracts for the transmission of real rights that, unlike traditional contracts, follow instructions that are stored in the blockchain, and that also have the ability to self-execute actions according to a series of already