Transforming real estate through blockchain: Robin Ubaghs on democratising real estate ownership | Gulf Business

Transforming real estate through blockchain: Robin Ubaghs on democratising real estate ownership

GULF BUSINESS

Robin Ubaghs, co-founder of Propchain and the Welfare Group shares how his ventures are using blockchain technology to transform the real estate industry.

Ubaghs said he focuses on the proptech and fintech aspects of the real estate industry. “We are mainly creating a blockchain-based ecosystem where we develop and use various proptech-related concepts. One of these concepts is a fractionalised real estate investment platform, allowing people to buy fractions of global real estate assets,” explains the co-founder.

“Within our blockchain ecosystem, we are also working on a vertical that empowers home ownership within challenging markets such as the UAE, where the market is mainly investment-driven, and around 80 per cent of its residents are renting their primary home.”

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