Process of Real Estate tokenization

Process of Real Estate tokenization

The process begins with properties being transferred to SANGA DMCC's special purpose vehicle (SPV). This SPV is a legal entity that holds the assets and manages the tokenization process.

1. SANGA DMCC then issues non-fungible tokens, called "digital deed tokens," which represent ownership rights to the properties. These tokens are unique and cannot be replaced or exchanged for other tokens.

2. Buyers can purchase the digital deed tokens on SANGA DMCC marketplace, which is accessible through a digital platform. Transactions are recorded on a blockchain, which provides transparency and security.

3. Once a buyer owns a digital deed token, there is a legal binding that allows the token holder to redeem the properties for ownership anytime they want to. This means that the token holder has the right to claim ownership of the property and can do so at any time.