{"id":40330,"date":"2026-02-01T20:05:17","date_gmt":"2026-02-01T20:05:17","guid":{"rendered":"https:\/\/metachannelcorp.com\/en\/perspectives\/%d8%a7%d9%84%d9%88%d9%87%d9%85-%d8%a7%d9%84%d9%83%d8%a8%d9%8a%d8%b1-%d9%84%d8%aa%d8%b1%d9%85%d9%8a%d8%b2-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d8%a7%d8%aa\/"},"modified":"2026-02-01T20:05:17","modified_gmt":"2026-02-01T20:05:17","slug":"the-great-fiction-of-real-estate-tokenization","status":"publish","type":"post","link":"https:\/\/metachannelcorp.com\/ar\/perspectives\/the-great-fiction-of-real-estate-tokenization\/","title":{"rendered":"\u0627\u0644\u0648\u0647\u0645 \u0627\u0644\u0643\u0628\u064a\u0631 \u0644\u062a\u0631\u0645\u064a\u0632 \u0627\u0644\u0639\u0642\u0627\u0631\u0627\u062a"},"content":{"rendered":"

SJD \/ Dr. iuris Antonio Tejeda Encinas<\/strong><\/a> \u0631\u0626\u064a\u0633 Comite Euro Americano de Derecho Digital -CEA Digital Law<\/strong><\/a> | \u0627\u0644\u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u0646\u0641\u064a\u0630\u064a \u0644\u0634\u0631\u0643\u0629 Meta Channel Corporation<\/strong><\/a><\/p>\n

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\u0627\u0644\u0647\u064a\u0643\u0644 \u0627\u0644\u0623\u0648\u0644: \u0634\u0631\u0643\u0629 \u0630\u0627\u062a \u063a\u0631\u0636 \u062e\u0627\u0635 \u0645\u0627\u0644\u0643\u0629 \u0648\u0631\u0645\u0648\u0632 \u062d\u0642\u0648\u0642 \u0645\u0644\u0643\u064a\u0629 (equity).<\/strong> \u0627\u0644\u0645\u062e\u0637\u0637 \u0627\u0644\u0623\u0643\u062b\u0631 \u0634\u064a\u0648\u0639\u064b\u0627 \u0647\u0648 \u0625\u0646\u0634\u0627\u0621 \u0634\u0631\u0643\u0629 \u0630\u0627\u062a \u063a\u0631\u0636 \u062e\u0627\u0635 (SPV) \u062a\u064f\u0642\u064a\u064e\u0651\u062f \u0645\u0627\u0644\u0643\u0629\u064b \u0644\u0644\u0639\u0642\u0627\u0631 \u0641\u064a \u0633\u062c\u0644 \u0627\u0644\u0645\u0644\u0643\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629\u060c \u0628\u064a\u0646\u0645\u0627 \u064a\u0642\u062a\u0646\u064a \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u0648\u0646 \u0631\u0645\u0648\u0632\u064b\u0627 \u0631\u0642\u0645\u064a\u0629 \u062a\u0645\u062b\u0644 \u062d\u0635\u0635\u064b\u0627 \u0623\u0648 \u0623\u0633\u0647\u0645\u064b\u0627 \u0623\u0648 \u062d\u0642\u0648\u0642\u064b\u0627 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0645\u0631\u062a\u0628\u0637\u0629 \u0628\u062a\u0644\u0643 \u0627\u0644\u0634\u0631\u0643\u0629. \u0648\u064a\u0628\u0642\u0649 \u0627\u0644\u0639\u0642\u0627\u0631 \u0645\u0642\u064a\u062f\u064b\u0627 \u0628\u0627\u0633\u0645 \u0627\u0644\u0634\u0631\u0643\u0629 \u0630\u0627\u062a \u0627\u0644\u063a\u0631\u0636 \u0627\u0644\u062e\u0627\u0635\u061b \u0623\u0645\u0627 \u0627\u0644\u0631\u0645\u0648\u0632 \u0641\u0647\u064a\u060c \u0628\u0627\u0644\u0645\u0635\u0637\u0644\u062d\u0627\u062a \u0627\u0644\u0642\u0627\u0646\u0648\u0646\u064a\u0629\u060c \u062d\u0642\u0648\u0642 \u0645\u0644\u0643\u064a\u0629 (equity) \u0623\u0648 \u0634\u0628\u0647 \u062d\u0642\u0648\u0642 \u0645\u0644\u0643\u064a\u0629 (quasi\u2011equity). \u0648\u0642\u062f \u0631\u0648\u0651\u062c\u062a \u0645\u0646\u0635\u0627\u062a \u0645\u062b\u0644 RealT \u0644\u0647\u0630\u0627 \u0627\u0644\u0646\u0645\u0648\u0630\u062c \u0641\u064a \u0627\u0644\u0648\u0644\u0627\u064a\u0627\u062a \u0627\u0644\u0645\u062a\u062d\u062f\u0629: \u064a\u064f\u0648\u062c\u064e\u0651\u0647 \u0643\u0644 \u0639\u0642\u0627\u0631 \u0639\u0628\u0631 \u0634\u0631\u0643\u0629 \u0630\u0627\u062a \u0645\u0633\u0624\u0648\u0644\u064a\u0629 \u0645\u062d\u062f\u0648\u062f\u0629 (LLC)\u060c \u0648\u062a\u0645\u062b\u0644 \u0627\u0644\u0631\u0645\u0648\u0632 \u062d\u0635\u0635\u064b\u0627 \u0641\u064a\u0647\u0627\u060c \u0648\u062a\u064f\u0648\u0632\u064e\u0651\u0639 \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0628\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0634\u0641\u0631\u0629\u060c \u0644\u0643\u0646 \u0627\u0644\u0645\u0627\u0644\u0643 \u0627\u0644\u0645\u0642\u064a\u062f \u0644\u0644\u0639\u0642\u0627\u0631 \u0641\u064a \u0627\u0644\u0633\u062c\u0644 \u064a\u0638\u0644 \u0627\u0644\u0634\u0631\u0643\u0629\u060c \u0644\u0627 \u0627\u0644\u0645\u062c\u0645\u0648\u0639 \u063a\u064a\u0631 \u0627\u0644\u0645\u062d\u062f\u062f \u0644\u062d\u0627\u0645\u0644\u064a \u0627\u0644\u0631\u0645\u0648\u0632 (token\u2011holders). * \u062a\u064f\u0630\u0643\u0631 \u0647\u0630\u0647 \u0627\u0644\u0623\u0645\u062b\u0644\u0629 \u0628\u0648\u0635\u0641\u0647\u0627 \u0646\u0645\u0627\u0630\u062c \u062a\u0648\u0636\u064a\u062d\u064a\u0629 \u0644\u0623\u0646\u0645\u0627\u0637 \u0628\u0639\u064a\u0646\u0647\u0627\u060c \u0644\u0627 \u062d\u0643\u0645\u064b\u0627 \u0639\u0644\u0649 \u0645\u0634\u0631\u0648\u0639\u064a\u062a\u0647\u0627 \u0623\u0648 \u0642\u0627\u0646\u0648\u0646\u064a\u062a\u0647\u0627.<\/em><\/p>\n

\u0648\u0645\u0646 \u0645\u0646\u0638\u0648\u0631 \u0627\u0644\u0642\u0627\u0646\u0648\u0646 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u060c \u0641\u0625\u0646 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631 \u0644\u064a\u0633 \u0645\u0627\u0644\u0643\u064b\u0627 \u0644\u0644\u0639\u0642\u0627\u0631: \u0628\u0644 \u0647\u0648 \u0634\u0631\u064a\u0643 \u0623\u0648 \u0645\u0633\u0627\u0647\u0645 \u0641\u064a \u0634\u062e\u0635 \u0627\u0639\u062a\u0628\u0627\u0631\u064a \u0647\u0648 \u0627\u0644\u0645\u0627\u0644\u0643. \u0641\u0625\u0630\u0627 \u0635\u064f\u0641\u0651\u064a\u062a \u0627\u0644\u0634\u0631\u0643\u0629 \u0623\u0648 \u0623\u0641\u0644\u0633\u062a \u0623\u0648 \u0648\u0642\u0639 \u0639\u0644\u064a\u0647\u0627 \u062d\u062c\u0632\u060c \u0641\u0625\u0646 \u0645\u0631\u0643\u0632\u0647 \u0647\u0648 \u0645\u0631\u0643\u0632 \u0627\u0644\u0634\u0631\u064a\u0643\u060c \u0623\u0648 \u0641\u064a \u0623\u062d\u0633\u0646 \u0627\u0644\u0623\u062d\u0648\u0627\u0644 \u0645\u0631\u0643\u0632 \u062f\u0627\u0626\u0646 \u0645\u062a\u0628\u0642\u064d\u0651. \u0648\u0627\u0644\u0628\u0644\u0648\u0643 \u062a\u0634\u064a\u0646 \u0644\u0627 \u062a\u063a\u064a\u0651\u0631 \u0647\u0630\u0647 \u0627\u0644\u062d\u0642\u064a\u0642\u0629 \u0627\u0644\u0623\u0633\u0627\u0633\u064a\u0629.<\/p>\n

\u0627\u0644\u0647\u064a\u0643\u0644 \u0627\u0644\u062b\u0627\u0646\u064a: \u062a\u0631\u0645\u064a\u0632 \u0627\u0644\u062d\u0642\u0648\u0642 \u0627\u0644\u062f\u0627\u0626\u0646\u064a\u0629 \u0648\u0627\u0644\u062a\u062f\u0641\u0642\u0627\u062a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629.<\/strong> \u062b\u0645\u0629 \u0635\u064a\u063a\u0629 \u0623\u062e\u0631\u0649 \u0647\u064a \u062a\u0631\u0645\u064a\u0632 \u0627\u0644\u062d\u0642\u0648\u0642 \u0627\u0644\u062f\u0627\u0626\u0646\u064a\u0629 \u0627\u0644\u0645\u0631\u062a\u0628\u0637\u0629 \u0628\u0627\u0644\u0639\u0642\u0627\u0631: \u0627\u0644\u0642\u0631\u0648\u0636 \u0627\u0644\u062a\u0634\u0627\u0631\u0643\u064a\u0629\u060c \u0623\u0648 \u0627\u0644\u0633\u0646\u062f\u0627\u062a\u060c \u0623\u0648 \u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u0643\u0631\u0627\u0621\u060c \u0623\u0648 \u0645\u062e\u0637\u0637\u0627\u062a \u062a\u0642\u0627\u0633\u0645 \u0627\u0644\u0625\u064a\u0631\u0627\u062f\u0627\u062a (revenue sharing). \u0648\u0641\u064a \u0647\u0630\u0627 \u0627\u0644\u0646\u0645\u0648\u0630\u062c \u0644\u0627 \u064a\u0645\u062b\u0644 \u0627\u0644\u0631\u0645\u0632 \u0645\u0644\u0643\u064a\u0629 \u0648\u0644\u0627 \u062d\u0635\u0629 \u0641\u064a \u0634\u0631\u0643\u0629\u060c \u0628\u0644 \u062f\u064e\u064a\u0646\u064b\u0627: \u0627\u0644\u062d\u0642 \u0641\u064a \u062a\u062d\u0635\u064a\u0644 \u062c\u0632\u0621 \u0645\u0646 \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0623\u0648 \u0645\u0646 \u0641\u0627\u0626\u0636 \u0627\u0644\u0642\u064a\u0645\u0629 \u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644\u064a. \u0648\u062a\u064f\u0639\u062f Reental\u060c \u0641\u064a \u0646\u0634\u0627\u0637\u0647\u0627 \u0641\u064a \u0625\u0633\u0628\u0627\u0646\u064a\u0627\u060c \u0645\u062b\u0627\u0644\u064b\u0627 \u0646\u0645\u0648\u0630\u062c\u064a\u064b\u0627 \u0639\u0644\u0649 \u0630\u0644\u0643: \u0625\u0630 \u064a\u0642\u062a\u0646\u064a \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631\u0648\u0646 \u0631\u0645\u0648\u0632\u064b\u0627 \u062a\u0645\u062b\u0644 \u0642\u0631\u0648\u0636\u064b\u0627 \u062a\u0634\u0627\u0631\u0643\u064a\u0629 \u0644\u0634\u0631\u0643\u0627\u062a \u062a\u0633\u062a\u063a\u0644 \u0639\u0642\u0627\u0631\u0627\u062a\u060c \u0648\u064a\u062a\u0642\u0627\u0636\u0648\u0646 \u0641\u0648\u0627\u0626\u062f \u0645\u062a\u063a\u064a\u0631\u0629 \u0628\u062d\u0633\u0628 \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0648\u0628\u062d\u0633\u0628 \u0627\u0644\u0628\u064a\u0639 \u0627\u0644\u0645\u062d\u062a\u0645\u0644\u060c \u0644\u0643\u0646 \u062f\u0648\u0646 \u0627\u0643\u062a\u0633\u0627\u0628 \u0623\u064a \u062d\u0642 \u0639\u064a\u0646\u064a \u0639\u0644\u0649 \u0627\u0644\u0623\u0645\u0648\u0627\u0644.<\/p>\n

\u0648\u0627\u0644\u0625\u0637\u0627\u0631 \u0647\u0646\u0627 \u0645\u062f\u0646\u064a \u0648\u0645\u0627\u0644\u064a \u0628\u0627\u0644\u0643\u0627\u0645\u0644: \u0625\u0630 \u064a\u062a\u0639\u0644\u0642 \u0627\u0644\u0623\u0645\u0631 \u0628\u062f\u064a\u0648\u0646 \u0639\u0644\u0649 \u0634\u0631\u0643\u0629 \u0623\u0648 \u0643\u064a\u0627\u0646\u060c \u0642\u062f \u062a\u0643\u0648\u0646 \u0645\u062f\u0639\u0648\u0645\u0629 \u0628\u0636\u0645\u0627\u0646\u0627\u062a\u060c \u0644\u0643\u0646 \u0633\u062c\u0644 \u0627\u0644\u0645\u0644\u0643\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u064a\u0638\u0644 \u064a\u064f\u0638\u0647\u0631 \u0627\u0644\u0634\u0631\u0643\u0629 \u0627\u0644\u0645\u064f\u0635\u062f\u0650\u0631\u0629 \u0623\u0648 \u0637\u0631\u0641\u064b\u0627 \u062b\u0627\u0644\u062b\u064b\u0627 \u0645\u0627\u0644\u0643\u064b\u0627. \u0641\u062d\u0627\u0645\u0644 \u0627\u0644\u0631\u0645\u0648\u0632 \u062f\u0627\u0626\u0646 \u0644\u0627 \u0645\u0627\u0644\u0643\u061b \u0648\u0625\u0630\u0627 \u0646\u0634\u0623 \u0646\u0632\u0627\u0639 \u0645\u0639 \u0637\u0631\u0641 \u062b\u0627\u0644\u062b \u0642\u064a\u0651\u062f \u062d\u0642\u064b\u0627 \u0639\u064a\u0646\u064a\u064b\u0627\u060c \u0641\u0625\u0646 \u0627\u0644\u0637\u0631\u0641 \u0627\u0644\u062b\u0627\u0644\u062b \u0647\u0648 \u0627\u0644\u0630\u064a \u064a\u064f\u0631\u062c\u064e\u0651\u062d \u0628\u062d\u0643\u0645 \u0627\u0644\u062d\u062c\u064a\u0629 \u0627\u0644\u0639\u0627\u0645\u0629 \u0644\u0644\u0633\u062c\u0644.<\/p>\n

\u0627\u0644\u0647\u064a\u0643\u0644 \u0627\u0644\u062b\u0627\u0644\u062b: \u062a\u062c\u0632\u0626\u0629 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0645\u062a\u0646\u0643\u0651\u0631\u0629 \u0641\u064a \u0635\u0648\u0631\u0629 \u0645\u0644\u0643\u064a\u0629 \u0631\u0642\u0645\u064a\u0629.<\/strong> \u0627\u0644\u0635\u064a\u063a\u0629 \u0627\u0644\u0623\u0643\u062b\u0631 \u0625\u0634\u0643\u0627\u0644\u064b\u0627 \u0647\u064a \u062a\u0644\u0643 \u0627\u0644\u062a\u064a \u062a\u064f\u0633\u0648\u064e\u0651\u0642 \u0641\u064a\u0647\u0627 \u062a\u062c\u0632\u0626\u0629 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0628\u062d\u062a\u0629 \u0628\u0644\u063a\u0629 \u00ab\u0627\u0644\u0645\u0644\u0643\u064a\u0629\u00bb (ownership) \u0623\u0648 \u00ab\u062d\u0635\u0635 \u0641\u064a \u0627\u0644\u0639\u0642\u0627\u0631\u00bb (shares of the property) \u0623\u0648 \u00ab\u0627\u0644\u0645\u0644\u0643\u064a\u0629 \u0627\u0644\u0645\u062c\u0632\u0623\u0629\u00bb\u060c \u0641\u064a \u062d\u064a\u0646 \u0623\u0646 \u0645\u0627 \u064a\u0648\u062c\u062f \u0641\u0639\u0644\u064b\u0627 \u0647\u0648 \u0639\u0642\u062f \u062e\u0627\u0635 \u0644\u0627 \u0623\u062b\u0631 \u0639\u064a\u0646\u064a\u064b\u0627 \u0644\u0647 \u0641\u064a \u0645\u0648\u0627\u062c\u0647\u0629 \u0627\u0644\u063a\u064a\u0631 \u0648\u0644\u0627 \u0627\u0646\u0639\u0643\u0627\u0633 \u0644\u0647 \u0641\u064a \u0627\u0644\u0633\u062c\u0644. \u0648\u0641\u064a \u0647\u0630\u0647 \u0627\u0644\u062d\u0627\u0644\u0627\u062a \u064a\u0634\u062a\u0631\u064a \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631 \u0631\u0645\u0632\u064b\u0627 \u064a\u062a\u0636\u0645\u0646 \u0648\u0639\u062f\u064b\u0627 \u0628\u0627\u0644\u0645\u0634\u0627\u0631\u0643\u0629 \u0641\u064a \u0627\u0644\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0623\u0648 \u0641\u064a \u0641\u0627\u0626\u0636 \u0627\u0644\u0642\u064a\u0645\u0629\u060c \u0644\u0643\u0646\u0647 \u0644\u0627 \u064a\u0643\u062a\u0633\u0628 \u0623\u064a \u062d\u0642 \u0639\u064a\u0646\u064a\u060c \u0648\u0644\u0627 \u0633\u0646\u062f\u064b\u0627 \u064a\u0645\u0643\u0646 \u0627\u0644\u0627\u062d\u062a\u062c\u0627\u062c \u0628\u0647 \u0641\u064a \u0645\u0648\u0627\u062c\u0647\u0629 \u0627\u0644\u062d\u062c\u0648\u0632 \u0623\u0648 \u0627\u0644\u0631\u0647\u0648\u0646 \u0623\u0648 \u0627\u0644\u062a\u0635\u0631\u0641\u0627\u062a \u0627\u0644\u0644\u0627\u062d\u0642\u0629 \u0627\u0644\u0645\u0642\u064a\u062f\u0629.<\/p>\n

\u0648\u0647\u0630\u0647 \u0627\u0644\u0645\u062c\u0645\u0648\u0639\u0629 \u0627\u0644\u062b\u0627\u0644\u062b\u0629 \u0647\u064a \u0627\u0644\u0645\u062c\u0627\u0644 \u0627\u0644\u0630\u064a \u064a\u0633\u0647\u0644 \u0641\u064a\u0647 \u0623\u0643\u062b\u0631 \u0645\u0646 \u063a\u064a\u0631\u0647 \u0623\u0646 \u064a\u062a\u062d\u0648\u0644 \u0627\u0644\u062a\u0633\u0648\u064a\u0642 \u0625\u0644\u0649 \u0627\u062d\u062a\u064a\u0627\u0644. \u0641\u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631 \u064a\u0638\u0646 \u0623\u0646\u0647 \u064a\u0634\u062a\u0631\u064a \u00ab\u062c\u0632\u0621\u064b\u0627 \u0645\u0646 \u0627\u0644\u0634\u0642\u0629\u00bb\u060c \u0644\u0643\u0646\u0647 \u0642\u0627\u0646\u0648\u0646\u064b\u0627 \u0644\u0627 \u064a\u0645\u0644\u0643 \u0633\u0648\u0649 \u062f\u064a\u0646 \u0627\u062d\u062a\u0645\u0627\u0644\u064a \u0641\u064a \u0630\u0645\u0629 \u062c\u0647\u0629 \u0645\u064f\u0635\u062f\u0650\u0631\u0629\u060c \u062a\u0643\u0648\u0646 \u0641\u064a \u0627\u0644\u0639\u0627\u062f\u0629 \u0642\u0627\u0626\u0645\u0629 \u0641\u064a \u0648\u0644\u0627\u064a\u0629 \u0642\u0636\u0627\u0626\u064a\u0629 \u0623\u062e\u0631\u0649\u060c \u0648\u0643\u062b\u064a\u0631\u064b\u0627 \u0645\u0627 \u062a\u062e\u0636\u0639 \u0644\u0631\u0642\u0627\u0628\u0629 \u062a\u0646\u0638\u064a\u0645\u064a\u0629 \u0636\u0639\u064a\u0641\u0629. \u0648\u0627\u0644\u0628\u0644\u0648\u0643 \u062a\u0634\u064a\u0646 \u0644\u0627 \u062a\u0636\u064a\u0641 \u0623\u064a \u062d\u0645\u0627\u064a\u0629 \u0642\u0627\u0646\u0648\u0646\u064a\u0629: \u0628\u0644 \u062a\u0633\u062c\u0644 \u0641\u062d\u0633\u0628 \u0648\u062c\u0648\u062f \u0631\u0645\u0632 \u0644\u0627 \u064a\u0639\u062a\u0631\u0641 \u0628\u0647 \u0623\u064a \u0633\u062c\u0644 \u0639\u0627\u0645 \u0633\u0646\u062f\u064b\u0627.<\/p>\n

\u0644\u0645\u0627\u0630\u0627 \u0644\u0627 \u064a\u0645\u0643\u0646 \u0644\u0644\u0631\u0645\u0632 \u0627\u0644\u0631\u0642\u0645\u064a \u0623\u0646 \u064a\u0643\u0648\u0646 \u0633\u0646\u062f \u0645\u0644\u0643\u064a\u0629 \u0639\u0642\u0627\u0631\u064a\u0629<\/h3>\n

\u0625\u0646 \u0627\u0644\u0633\u0628\u0628 \u0641\u064a \u0623\u0646 \u0627\u0644\u0631\u0645\u0632 \u0627\u0644\u0631\u0642\u0645\u064a \u0644\u0627 \u064a\u0645\u0643\u0646 \u0623\u0646 \u064a\u0635\u0628\u062d \u0627\u0644\u064a\u0648\u0645 \u0633\u0646\u062f\u064b\u0627 \u0645\u0633\u062a\u0642\u0644\u064b\u0627 \u0644\u0644\u0645\u0644\u0643\u064a\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629 \u0644\u0627 \u0639\u0644\u0627\u0642\u0629 \u0644\u0647 \u0628\u0627\u0644\u0642\u062f\u0631\u0627\u062a \u0627\u0644\u062a\u0642\u0646\u064a\u0629 \u0644\u0644\u0628\u0644\u0648\u0643 \u062a\u0634\u064a\u0646\u060c \u0628\u0644 \u064a\u062a\u0639\u0644\u0642 \u0643\u0644\u064a\u064b\u0627 \u0628\u0628\u0646\u064a\u0629 \u0627\u0644\u0642\u0627\u0646\u0648\u0646 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0628\u0648\u0635\u0641\u0647 \u0642\u0627\u0646\u0648\u0646\u064b\u0627 \u0645\u0646 \u0627\u0644\u0646\u0638\u0627\u0645 \u0627\u0644\u0639\u0627\u0645.<\/p>\n

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* \u062a\u064f\u0630\u0643\u0631 \u0647\u0630\u0647 \u0627\u0644\u0623\u0645\u062b\u0644\u0629 \u0628\u0648\u0635\u0641\u0647\u0627 \u0646\u0645\u0627\u0630\u062c \u062a\u0648\u0636\u064a\u062d\u064a\u0629 \u0644\u0623\u0646\u0645\u0627\u0637 \u0628\u0639\u064a\u0646\u0647\u0627\u060c \u0644\u0627 \u062d\u0643\u0645\u064b\u0627 \u0639\u0644\u0649 \u0645\u0634\u0631\u0648\u0639\u064a\u062a\u0647\u0627 \u0623\u0648 \u0642\u0627\u0646\u0648\u0646\u064a\u062a\u0647\u0627.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

SJD \/ Dr. iuris Antonio Tejeda Encinas \u0631\u0626\u064a\u0633 Comite Euro Americano de Derecho Digital -CEA Digital Law | \u0627\u0644\u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u0646\u0641\u064a\u0630\u064a \u0644\u0634\u0631\u0643\u0629 Meta Channel Corporation \u0627\u0644\u0645\u0634\u0643\u0644\u0629 \u0644\u064a\u0633\u062a \u0641\u064a \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627\u060c \u0628\u0644 \u0641\u064a \u0627\u0644\u0644\u063a\u0629 \u0645\u0646\u0630 \u0633\u0646\u0648\u0627\u062a \u0648\u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a \u064a\u0639\u062c\u0651 \u0628\u0645\u0646\u0635\u0627\u062a \u0648\u0645\u0634\u0627\u0631\u064a\u0639 \u062a\u0632\u0639\u0645 \u0623\u0646\u0647\u0627 \u00ab\u062a\u0631\u0645\u0651\u0632 \u0627\u0644\u0639\u0642\u0627\u0631\u0627\u062a\u00bb\u060c \u0648\u0627\u0639\u062f\u0629\u064b \u0628\u0645\u0644\u0643\u064a\u0629 \u0645\u062c\u0632\u0623\u0629 \u0648\u0633\u064a\u0648\u0644\u0629 \u0641\u0648\u0631\u064a\u0629 \u0648\u0648\u0635\u0648\u0644 \u0639\u0627\u0644\u0645\u064a\u060c \u0643\u0645\u0627 \u0644\u0648 \u0623\u0646 \u0645\u062c\u0631\u062f \u062d\u064a\u0627\u0632\u0629 \u0631\u0645\u0632 \u0631\u0642\u0645\u064a […]<\/p>\n","protected":false},"author":1,"featured_media":37725,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4380,4385],"tags":[4438,4439,4420,4521,4615,4779,4789,4607,4799,4791,4673,4790,4768,4753,4712,4792,4567,4737,4800,4773,4771,4798,4778,4772,4797,4785,4739,4774,4414,4770,4762,4796,4787,4775,4769,4781,4795,4794,4745,4780,4450,4542,4788,4786,4793,4783,4782,4784,4776,4763,4777],"class_list":["post-40330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-and-compliance-ar","category-corporate-law-and-litigation-ar","tag-cea-digital-law-ar","tag-meta-channel-corporation-ar","tag-mica-ar","tag-mifid-ii-ar","tag-rwa-ar","tag-real-world-assets-ar","tag-financial-instruments-ar","tag-real-assets-ar","tag-regulated-innovation-ar","tag-crypto-fraud-ar","tag-real-estate-investment-ar","tag-financial-compliance-ar","tag-real-estate-blockchain-ar","tag-legal-infrastructure-ar","tag-legal-architecture-ar","tag-misleading-marketing-ar","tag-institutional-design-ar","tag-legaltech-ar","tag-technology-and-law-ar","tag-registry-public-attestation-ar","tag-rights-in-rem-ar","tag-legal-governance-ar","tag-technology-support-ar","tag-land-registry-ar","tag-public-registries-and-blockchain-ar","tag-special-purpose-vehicle-ar","tag-legal-validity-ar","tag-public-deed-ar","tag-smart-contracts-ar","tag-real-estate-law-ar","tag-civil-law-ar","tag-comparative-law-ar","tag-participating-loans-ar","tag-article-1280-civil-code-ar","tag-real-property-ar","tag-fractional-ownership-ar","tag-economic-public-policy-ar","tag-erga-omnes-enforceability-ar","tag-legal-intermediation-ar","tag-real-estate-fractionalization-ar","tag-asset-tokenization-ar","tag-real-estate-tokenization-ar","tag-revenue-sharing-ar","tag-credit-rights-ar","tag-investor-protection-ar","tag-security-tokens-ar","tag-equity-tokens-ar","tag-real-estate-spv-ar","tag-mortgage-law-ar","tag-property-law-ar","tag-transfer-of-ownership-ar"],"_links":{"self":[{"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/posts\/40330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/comments?post=40330"}],"version-history":[{"count":0,"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/posts\/40330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/media\/37725"}],"wp:attachment":[{"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/media?parent=40330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/categories?post=40330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metachannelcorp.com\/ar\/wp-json\/wp\/v2\/tags?post=40330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}