Kazakhstan is launching a digital real estate market based on blockchain technology. The pilot project is being implemented by the National Bank of Kazakhstan. Through the Apartchain platform, one square meter of property can be purchased as a token, ensuring a high level of transparency in real estate transactions. The platform operates under a special regulatory regime of the National Bank. According to experts, the launch of commercial real estate tokenization opens up additional opportunities to attract investment and expand investment instruments.
«Our platform is
built on blockchain technology, with the entire chain of data and transactions
governed within this network. All processes on the platform are executed
through smart contracts. We continuously test both the platform itself and the
blockchain network we use – Solana, an international participant in the global
blockchain ecosystem,» said Yerlan Uali, CEO of the Apartchain DMCC
Representative Office.
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