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#Dominium

Max Property Group adds property fund to blockchain platform

Max Property Group is using its Dominium platform to launch a tradable property fund in the Netherlands. This platform uses Ardor blockchain technology to offer a variety of features such as smart contracts and project management, according to a press release.

Dominium users can purchase property bonds on the platform after passing know-your-customer procedures. They can then trade the tokenized assets with other users, according to the release. The underlying blockchain platform helps streamline the investment process.

"The use of blockchain technology means that investors can participate from just 1,000 euros ($1,143) as opposed to the 10,000 euros minimum that we had to set for the previous Dutch fund," property director Esther Dekker said in the release.

https://www.blockchaintechnews.com/news/max-property-group-adds-property-fund-to-blockchain-platform/