Two companies have developed a blockchain-based solution to address the large number of vacant homes in the Japanese countryside.
Securitize, a compliance platform for token issuers, has joined forces with Tokyo-based LIFULL to create a funding platform using digital securities to invest in real estate. According to a March 10 press release, the collaboration has been successful in proving that blockchain technology and digital securities are more effective crowdfunding for the Japanese real estate market than traditional methods.
Securitize has received investment from Ripple Xpring, SBI Holdings Japan, Santander and others.
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