Dubai Drives Real Estate Revolution with XRPL: $16 BILLION at Stake
Tokenization of Properties on a Large Scale
The Dubai Land Department (DLD) has taken a bold step into the future: it has chosen XRP Ledger (XRPL) as the key infrastructure for its new real estate tokenization initiative. This move aims to transform the way properties are bought, sold, and managed in the emirate, with an ambitious goal: $16 billion in real estate activity by 2033.
Hybrid and Innovative System
The strategy is based on connecting Dubai's traditional property system with the XRPL blockchain, creating a unified system that will enable secure, fast, and transparent digital transactions, without leaving behind the current physical legal framework.
Why XRPL?
Ripple's ledger was chosen for its:
Speed in Transactions
Low Operating Costs
Compliance with Local Regulations
Rising Interest
More than 3,000 investors are already watching this evolution. According to Mahmoud AlBurai, advisor to the DLD, this innovation could represent 7% of all real estate transactions in Dubai in less than 10 years.
The Future of Property is Fractioned, Tokenized, and Accessible
This announcement is not only a milestone for XRP but also for the crypto ecosystem in general. Dubai once again positions itself as a leader in global technological adoption.
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