Real estate and cryptocurrency

Real estate and cryptocurrency

The Bank of Thailand stands its ground that it will not support cryptocurrency or digital money to pay for goods and services in many areas. The reason for this is high volatility, the risk of cyber theft, and the potential risk of money laundering.

Despite this, the real estate market considers blockchain technologies in housing purchase and sale transactions. Cryptocurrency is a driving force that will stimulate the real estate business in 2022. Several companies take tokens (cryptocurrency) to buy houses and apartments. Instead of cash, payment is made through a bitcoin wallet. Their number is growing. Now there are about 18 of them.

After the blockchain is launched, companies renting out condominiums and office buildings will convert digital assets into profit. Many joint property owners, who earn income in proportion to their investment, also have a marketing campaign to sell apartments.

Share
Subscribe to newsletter
Subscribe