I have been researching Real Estate Tokenization for many years and I'm keen to hear your thoughts on the subject. I've gathered a great deal of knowledge on the topic and I'm excited to share what I believe is the most promising project in the space. But first let's talk about real estate tokenization.
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So you are so heavily invested in BST and you made a PDF to tell us why you did it? Sounds like BlockSquare haven't been completely honest with you. Tech suitable for something like this doesn't exist yet. It's not going to be suitable for ETH or any existing blockchains, nor there is layer 2 solution. You can tokenize synthetic assets but that's nothing special.
Using tokenization on current blockhains doesn't solve any problems. In fact it just creates an unnecessary layer of other problems, starting from the fact that transactions should be reversable if you want to satisfy regulators. They also should be private on L1 in order to prevent front running. And this that's just a surface.
If you really want to take a look a platform who is trying to solve this, google dusk network.