Real Estate Tokenization on Blockchain

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Date

2025-06-15

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Mohamed Boudiaf University of M'sila

Abstract

Real estate represents one of the most substantial global asset classes, yet its accessibility and efficiency are hindered by structural challenges, including high capital entry requirements, protracted transaction processes, and dependence on costly intermediaries. This thesis investigates the technical viability of employing blockchain-based tokenization as a means to mitigate these limitations. The study examines the extent to which smart contracts can automate essential functions within real estate investment. The developed prototype illustrates that blockchain technology has the potential to streamline transactional workflows, reduce associated costs, and enhance transparency by limiting the reliance on third-party intermediaries. The study also identifies major barriers to adoption, particularly in the current legal and digital infrastructure, which lacks the maturity to fully support real-world implementation at scale. Through the empirical validation provided by this work, this study contributes to the growing body of knowledge on real estate tokenization

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Keywords

LAW/JURISPRUDENCE::Private law::Property and real estate law, Tokenization, Blockchain, Smart contracts, Fractional ownership, Compliance, Decentralized governance

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