Blockchain Takes Manhattan

Blockchain Takes Manhattan

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The video explores the concept of tokenizing real estate using blockchain technology, allowing global investors to own shares in properties. It discusses the benefits of tokenizing debt, such as increased market flexibility, and highlights the inefficiencies in the real estate industry that blockchain can address. The process of creating and trading tokens is explained, along with examples of tokenization in art and real estate. Despite its potential, tokenization currently remains accessible only to accredited investors. The video concludes by suggesting that tokenization could eventually replace traditional banking in real estate transactions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary benefit of tokenizing real estate properties?

It guarantees a higher resale value.

It reduces the construction time of the property.

It allows for global investment in smaller shares.

It increases the physical size of the property.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which two entities collaborated to create tokens for real estate?

A bank and a construction company

A government agency and a tech company

A real estate agency and a law firm

A blockchain startup and a broker dealer firm

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge in the real estate industry that tokenization aims to address?

Limited construction materials

High number of middlemen and inefficiencies

Excessive government regulations

Lack of available properties

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a current limitation of tokenized real estate investments?

They cannot be traded on digital platforms.

They are only available to accredited investors.

They require physical presence for transactions.

They are limited to residential properties.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might tokenization change the role of banks in real estate transactions?

Banks will become the primary token issuers.

Banks will offer new types of loans.

Banks will be completely eliminated from the process.

Banks will have more control over transactions.