Thursday, April 25, 2024 | 05:29 WIB

LOBO Coin Will Be Indonesia’s First Property Digital Currency

READ MORE

Jakarta, IO – Investment in the digital world is being watched by many Indonesians. Although the risk of rising and falling asset values ​​is not yet stable, in fact digital assets are in great demand by investors to invest.

Therefore, PT. Gaharu Indonesia Prima which also partnered with Lobo Investment companies in Dubai and London will launch LOBO Coin to the public as a digital asset that has been designed and created starting in 2021 under the auspices of PT Gaharu Indonesia Prima.

LOBO will be a property digital currency for the first time in Indonesia. Over time Real Estate companies are predicted to use LOBO as part of the payments so it is expected to provide growth for the token value.

LOBO Coin itself can be used as tokenization of property assets, company equity, and all assets in the real world. Tokenization itself is a process of creating, distributing and managing digital tokens that can represent ownership units in real estate assets. However, instead of using conventional paper documentation, investors can use virtual tokens to carry out their transactions in a secure and legally binding process. This is one of the uses of LOBO. (ph)

POPULAR

Latest article

Related Articles

INFRAME

SOCIAL CULTURE