In the previous section, we saw how easy it is to transfer stocks using a decentralized platform. However, the case is not the same as the real estate properties.

We can see the features of the real-world transactions in the following diagram:

Properties may not be represented digitally. However, their ownership can very well be represented digitally by using tokens or assets. Then, by using smart contracts and atomic trade exchanges, ownership of these assets can be transferred between individuals. Such digitally executed trades are captured on decentralized platforms. There are many decentralized blockchain platforms available today, that help buyers to transfer property between individuals. The buyers can transfer property ownership in exchange for money and keep the ownership agreements secure on decentralized blockchain platforms. The examples of such a platform are Atlant and Propy. Properties are just an example that we looked at, but there are a number of such assets on which the ownership transfer and trading can be decentralized.