Unlockit field lab on creating: a governance framework to facilitate the fractionalization of Real Estate assets using web3-based business models in Portugal

Abstract

This thesis explores the development of governance frameworks to facilitate fractional ownership of real estate assets using blockchain technology. Addressing inefficiencies in traditional property management, such as bureaucracy and lack of transparency, highlights the potential of distributed ledger technologies (DLTs) to enhance liquidity, streamline decision making, and democratize property investment. The legal, technical, and operational challenges, the thesis shows that tokenization, regulatory alignment, and further innovation will enable more efficient, transparent, and equitable management of real estate assets. It also evaluates blockchain compatibility for governance needs, compliance with EU regulations, and the implications of varying ownership structures.