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Chainlink set to power Latin American real estate platform

2022.05.05 14:00

Chainlink set to power Latin American real estate platform
Chainlink set to power Latin American real estate platform

The tokenization of global property markets has been an ambitious goal of the blockchain space, and decentralized finance (DeFi) could offer a novel solution for the sector to pick up the pace.

Decentralized oracle network Chainlink is set to power a tokenized real estate platform serving the Latin American property market. LaProp will allow investors to buy tokenized shares in various real-world properties, which will yield a percentage of income from rental payments.

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