The real estate industry has been dramatically transforming since the introduction of Blockchain technology to various market sectors. Thanks to blockchain tech, people can hold property in the digital realm, making it easier for anyone with the financial means to play an active role in the real estate sector while ridding it of problems such as lack of transparency and trust.

The growth of cryptocurrencies, especially Bitcoin's rise over the past two decades, has proven that institutional and retail investors see the unique potential in blockchain-based digital assets. Many stakeholders in mainstream finance and the crypto world strive to bring these benefits to traditional assets by leveraging the tech behind an emerging sub-field of digital assets called asset tokenization.

Decentralized finance, or DeFi, means using blockchain technology to develop financial services between individuals and organizations rather than relying on traditional financial institutions and services. Since DeFi has the potential to generate larger returns than traditional finance mediums, the technology's divergent use cases let investors use it as their banks, currency exchange platforms, lenders, borrowers, market makers, and many more according to their own rules.

The real estate industry is currently on the brink of a major transformation, with a revolutionary force pushing it to new heights: blockchain tech. Within blockchain technology lies non-fungible tokens (NFTs) and smart contracts, both at the core of altering the landscape of property transactions.