Metaverse, tokenization to revolutionize real estate sector: Dar Global CEO

  • Date: 09-Feb-2023
  • Source: Al Arabiya
  • Sector:Real Estate
  • Country:UAE
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Metaverse, tokenization to revolutionize real estate sector: Dar Global CEO

While the global paradigm shift to digital is evident, UAE and the region in their quest for economic diversification have set their pace for digitalization on overdrive on the back of concerted government efforts to bring in strategic digital investments, propagate rapid Artificial Intelligence (AI) adoption, foray into the Metaverse, to name a few, and, needless to say, the real estate sector is reaping the benefit of it.“As the virtual and real worlds continue to converge, today, the concept of space has changed forever. With people turning to technology or the internet for every light bulb moment, digitalization in real estate has evolved from being a crucial business tool to being the business. Technology has come to infiltrate every aspect of the built environment, renovating, and innovating it for the future,” according to Ziad El Chaar, Chief Executive Officer of Dar Global.For the latest headlines, follow our Google News channel online or via the app.

Dar Global is the international real estate arm of Dar Al Arkan, a 28-year-old real estate development company operating across the entire industry’s value chain with innovation and technology at its core.The company is fast-growing its portfolio across the world with developments in the UAE, Qatar,