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Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger


by Peter Mwangi
for CoinEdition
Dubai Government to Use XRP Ledger for Real Estate Title Deeds
  • Dubai begins issuing real estate title deeds on XRP Ledger via Ripple and Ctrl Alt.
  • Ripple provides secure digital asset custody for DLD’s tokenized property initiative.
  • Ctrl Alt gains VARA license, enabling full on-chain lifecycle for real estate tokens.

The Dubai Land Department (DLD) has begun issuing tokenized real estate title deeds on the XRP Ledger, a landmark initiative that marks the first time a government real estate authority in the Middle East has adopted a public blockchain for property records.

The government-backed project is a partnership between the DLD, the tokenization provider Ctrl Alt, and the crypto giant Ripple, which will provide institutional-grade custody for the tokenized assets. The move is designed to introduce fractional ownership of property and improve accessibility for investors. 

A Partnership to Bridge Real E…

The post Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger appeared first on Coin Edition.

Read the article at CoinEdition

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Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger


by Peter Mwangi
for CoinEdition
Dubai Government to Use XRP Ledger for Real Estate Title Deeds
  • Dubai begins issuing real estate title deeds on XRP Ledger via Ripple and Ctrl Alt.
  • Ripple provides secure digital asset custody for DLD’s tokenized property initiative.
  • Ctrl Alt gains VARA license, enabling full on-chain lifecycle for real estate tokens.

The Dubai Land Department (DLD) has begun issuing tokenized real estate title deeds on the XRP Ledger, a landmark initiative that marks the first time a government real estate authority in the Middle East has adopted a public blockchain for property records.

The government-backed project is a partnership between the DLD, the tokenization provider Ctrl Alt, and the crypto giant Ripple, which will provide institutional-grade custody for the tokenized assets. The move is designed to introduce fractional ownership of property and improve accessibility for investors. 

A Partnership to Bridge Real E…

The post Dubai Land Department to Issue Real Estate Title Deeds on the XRP Ledger appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Eyes Major Breakout: Will It Conquer ‘The Chasm’?

XRP Eyes Major Breakout: Will It Conquer ‘The Chasm’?

XRP’s market behavior is under the spotlight once again, as recent analysis from cryp...
XRP (XRP) Price Prediction for July 24

XRP (XRP) Price Prediction for July 24

XRP price is trading around $3.48 on July 23 after surging past the $3.20 and $3.00 r...