In Japan, compliance platform for token issuers Securitize has joined forces with the LIFULL in order to create a funding platform which uses digital security to invest in real estate. This blockchain-based solution hopes to address the number of unused homes in the Japanese countryside.
The new partnership has made it clear that blockchain technology and digital security is more effective for crowdfunding for the Japanese real estate market than traditional methods.
LIFULL Social Funding will be using the new platform to further boost up homes in the countryside of the country that have become abandoned over the years.
This move by the company is intended to provide an incentive for investors to crowdfund the real estate in places that are rundown and no longer used by the people.