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Balcony to Tokenize $240B in Real Estate with Chainlink

cryptonews.net

5 hour ago

Balcony to Tokenize $240B in Real Estate with Chainlink

Balcony, a platform focused on government-sourced real estate tokenization, has partnered with Chainlink to integrate the Chainlink Runtime Environment (CRE) into its Keystone system, enabling onchain management of more than $240 billion in property assets. The integration allows Balcony to use verifiable, government-sourced parcel data onchain, forming a transparent foundation for programmable real estate assets. Keystone digitizes and manages property records on a tamper-proof blockchain, creating a unified “chain of title” that improves data integrity, reduces fraud, and streamlines ownership transfers for government agencies. Through the partnership, Balcony advances its goal of modernizing public real estate systems by combining blockchain and AI to deliver accessible, trustworthy property data. Chainlink’s oracle infrastructure ensures secure data connectivity and verification across decentralized systems, supporting institutional adoption of onchain real-world assets. Image: Freepik

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