迪拜土地部啟動房地產令牌試點計劃

房地產行業政府機構迪拜土地部（DLD）表示，它啟動了房地產令牌試點計劃

Dubai Land Department (DLD) has launched a pilot program for real estate tokenization, becoming the first property registration authority in the Middle East to use blockchain technology for property title deeds.

迪拜土地部（DLD）啟動了一項用於房地產令牌化的試點計劃，成為中東第一個使用區塊鏈技術用於財產所有權契據的物業註冊機構。

The initiative, which was developed with the digital assets watchdog Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF), aims to streamline and broaden participation in the emirate’s real estate market.

該計劃是由數字資產監管機構虛擬資產監管機構（VARA）和迪拜未來基金會（DFF）開發的，旨在簡化和擴大參與酋長國房地產市場的參與。

The department's move comes amid broader efforts by Dubai to strengthen its position as a global technology hub.

該部門的舉動是在迪拜為加強其作為全球技術樞紐的地位的更廣泛努力而進行的。

DLD projects that tokenized real estate could account for 7% of the city's total property transactions, reaching 60 billion dirhams ($16 billion) by 2033.

DLD項目的標記房地產可能佔該市總財產交易的7％，到2033年達到600億迪拉姆（160億美元）。

"We are proud to launch this pilot phase for real estate tokenization in cooperation with technology firms, which will simplify and enhance buying, selling and investment processes in the local real estate market and render it more attractive to a wider category of investors from within the country and abroad," said Marwan Ahmed Bin Ghalita, director general of DLD.

Marwan Ahmed Bin Ghalita表示：“我們很自豪地與技術公司合作推出了房地產令牌化的試驗階段，該公司將簡化並增強當地房地產市場中的買賣，銷售和投資流程，並使其對來自國外和國外的更廣泛類別的投資者更具吸引力。”

"We will continue to engage with technology firms and relevant stakeholders to refine this project and scale it up in accordance with the highest standards of governance and transparency."

“我們將繼續與技術公司和相關的利益相關者互動，以完善該項目，並根據最高的治理和透明度標准進行擴展。”

The move follows a report by McKinsey last year which listed real estate as one of the classes that could face slower growth in tokenization adoption due to operational hurdles.

此舉是在麥肯錫去年的一份報告之後的，該報告將房地產列為可能因運營障礙而面臨令牌化的增長較慢的班級之一。

However, other classes like private credit and structured products could see faster tokenization adoption in the next 24 months as more use cases emerge and drive demand.

但是，隨著越來越多的用例出現並驅動需求，諸如私人信貸和結構化產品之類的其他類別可能會在接下來的24個月內更快地採用令牌化。

Real estate was among the first asset classes to be tokenized as early as 2017, shortly after the emergence of smart contracts technology on the Ethereum blockchain.

在以太坊區塊鏈上出現智能合約技術之後不久，房地產是最早在2017年被標記化的資產類別之一。

Several platforms have since launched to tokenize fractional ownership of property among retail investors.

此後，有幾個平台啟動了散戶投資者之間的財產分數所有權。

But despite the potential of tokenization to lower entry barriers and increase market liquidity, it has yet to take off broadly.

但是，儘管令牌化可能會降低進入障礙並增加市場流動性，但它尚未大幅起飛。

The digital token versions of real-world assets (RWA) can be fractionally owned and transferred on the blockchain.

現實世界資產（RWA）的數字令牌版本可以分為幾個，並在區塊鏈上傳輸。

This enables smaller investors to participate in asset classes that were previously accessible only to large institutions.

這使較小的投資者能夠參加以前僅適用於大型機構的資產類別。

The tokens can also be traded more easily and frequently than traditional assets, leading to greater price discovery and market liquidity.

與傳統資產相比，代幣也可以更容易和頻繁地進行交易，從而導致價格發現和市場流動性更高。

Moreover, tokenization facilitates the creation of new investment products and structures, catering to diverse risk appetites and investment horizons.

此外，象徵化促進了新的投資產品和結構的創造，迎合了各種風險的胃口和投資視野。

As a result, tokenized RWAs are emerging as a key theme in the merging of Web3 and traditional finance.

結果，令牌化的RWA正在成為Web3和傳統金融合併的關鍵主題。