Over the past few weeks, two thoughtful articles cut through the relentless AI hype and gave me pause for reflection. In The Economist, Ethan Mollick warned that “the IT department is where AI goes to die.” His point is sharp: AI is a profoundly strange, risky, and powerful technology — a next-word predictor that somehow writes code, offers strategic counsel, or even simulates empathy. Yet many organizations are smothering its potential by
Tokenization is the basis for digitization and asset traceability in the real estate industry. With RAAY RE we tokenize real estate property and make illiquid assets tradable. Today, our company RAAY RE starts the security token sale of Connex Coin, the first tokenized investment compliant with EU regulations. In essence, Connex Coin represents a loan towards the managing entity of a fully leased, a premium commercial property named Connex, in central Munich: Tokenization And Asset
On 1 August, we announced our new joint venture RAAY RE we have founded together with our partners Hammer AG and Wertgrund AG. RAAY RE, which stands for RAAY Real Estate, is our first vertical within the RAAY Operating System family. RRE is leveraging Blockchain technology to disrupt the real estate industry. The real estate industry has been booming for more than 10 years and most players within the industry have