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🇧🇷-USP signs R$500,000 contract for research on tokenization of the real estate sector
The University of São Paulo allocated funds for research to discover a concept in the digitalization of assets in blockchain.
By: Gustavo Bertolucci
The University of São Paulo (USP), considered the largest in Brazil, signed an agreement for research on tokenization of assets in blockchain.
According to Livecoins, the research was signed at the end of November 2024, but only became official in the last few days.
To coordinate the project, Professor Marcos Antonio Simplicio Junior was chosen for the new research project. He currently works as a professor at the Polytechnic School of the University of São Paulo (EPUSP).
Professor Marcos, who also works at Unicamp (Campinas), has published several articles on blockchain and P2P technologies, in addition to having participated in private research initiatives with Ripple and Bradesco in the past.
With over a century of research in Brazil, founded in 1893, EPUSP was incorporated into USP in 1934 and became one of the largest engineering training centers in Brazil.
Livecoins found information about a new research project being carried out by USP involving the tokenization of assets linked to the real estate sector. This could lead to the emergence of a “Real Estate Sector Tokenization Platform.”
Through an already approved agreement, the Foundation for the Technological Development of Engineering (FDTE) will work with the company “Instituto de Pesquisas em Blockchain LTDA.”
“The objective of the work plan is to build a proof of concept capable of demonstrating the potential benefits of asset digitization techniques at the POLYTECHNIC SCHOOL OF THE UNIVERSITY OF SÃO PAULO, using modern tokenization technologies such as Blockchain and Distributed Ledger Technology (DLT).”