A civic-minded citizen seeking the singularity

An entry

Using tokens to fractionalize an asset

Series: Bitcoin
Date: 2024-01-08
Status: release
Tags: notes property tokenization
This Entry is part of the Series Bitcoin.

Record-keeping is how we, as people in a society, track ownership of property.

In 2023, counties are typically the jurisdictions responsible for managing property records or deeds - who owns what.

Blockchains, as a form of public ledger can be a durable and efficient registry for all sorts of information. All sorts.

When a small business needs to raise money, either to start or extend operations, it is common to seek financing from traditional sources like brokers or local banks.

With P2P financial markets developing, what some people call DeFi (Decentralized Finance), new opportunities and options will be developed. But what might this look like?

Companies such as Mattereum, PropyInc, and Republic.co are operating in this space.

mermaid sequenceDiagram Bob-->>GasStation: I want to buy gas GasStation-->>Bob: okay, I will pre-charge you 100 Bob->>GasStation: here's a UXTO for 100 GasStation-->>BitcoinNetwork: here's Bob's transaction

Use cases

  • How to sell?
  • How to list at the site?
  • Appraisals
  • Upkeep
  • Debates / Litigation / Escrow

House $500,000

500 tokens @ 1,000 each

Lower price option

$100,000 20 @ 5,000