Tokenisation in the Real Estate Sector Through the Lenses of a Civil Law Jurisdiction

di Francesco Della Rocca
Introduction 1.1.  IT tokenisation is increasingly present in the current economy: transforming a thing, from an entity belonging to the real world to one pertaining to the digital world, permits, in economic terms, the merely digital existence of (something akin to) property rights, with the associated digital exchangeability. A related global industry and specific practices are developing, to exploit the enormous potential of this idea[1]. If this represented a major turning point in the developing relation between the digital and the legal dimensions of the economy, it certainly wasn’t one without frictions. On the one hand, most legal systems had long been prepared to accept the n. . .