One of the UK’s first blockchain property investment platforms has been launched by Key Land Capital.
The Birmingham-based business unveiled Cubey – a platform that uses the latest technology for people to invest in digital property shares.
It also enables property owners and developers to raise capital through the issue of digital property shares. The emphasis is on a more efficient property network, that provides incentives for both asset owners and investors.
Kevin Sharkey, managing director of Key Land Capital, said Cubey is at the forefront of digital investment in real estate. He developed the business model after studying blockchain technology and its impacts on the real estate sector at the Said Business School, University of Oxford.
The company will be tokenising assets within its property portfolio, including build to rent development Image House in Stafford, and purpose built student accommodation scheme Ringway House in Coventry, on the Cubey platform.
Sharkey said: “...
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