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Vicente Ortiz Alonso – IT lawyer
Interview featured by blocksquare.io
This interview is part of a series of conversations with leaders in blockchain for real estate, so our community can learn how blockchain is impacting real estate directly from experts worldwide.
This time, we proudly present one of the biggest advocates for the creation and implementation of regulatory frameworks for blockchain adoption in Spain.
As an IT lawyer with an established legal practise, Vicente Ortiz Alonso represents technology and growth companies at all stages of development, through private financings, patents, copyrights, strategic transactions, and mergers and acquisitions. advise numerous entrepreneurs from initial company formation to a liquidity event.
“At any time, we typically represent several startup companies seeking venture financing and private companies that have received financing.”
— Vicente Ortiz Alonso
As a real estate transaction lawyer and real estate investment consultant, Vicente assists home buyers/investors and sellers, both foreign and domestic, with their real estate sales and purchases.
Whether high-end luxury, commercial, or residential, Vicente and his team at Vicente Ortiz Abogados looks after the interests of buyers and sellers making sure they have smooth closings, clear title and make sound investments.
Additionally, Vicente’s connections with foreign and Spanish investors seeking properties with a positive ROI facilitates transactions to create win-win business deals in the real estate industry.
Q: Vicente, can you tell us a little bit about your background?
A: I hold a degree in Law and Business. I founded my law firm and later become a business angel. Currently, I’m advising VC investments totaling to-date $700 M in current assets value, with major expertise in M&A and crypto legislation, cryptocurrencies, STOs, corporate and securities laws, banking compliance, SEC and criminal defense. Also, I am committed to the PropTech and Blockchain ecosystem in Europe.
Q: How did you get involved in blockchain?
A: I started in blockchain like almost everyone, through bitcoin. One of my programmers told me about bitcoin, the layer of technology on which it is based and how it can go beyond a mere exchange of value between users. From there I launched several blockchain pilots in sectors as diverse as food, trading, gaming, and real estate.
Q: How do you see blockchain technology impacting real estate?
A: The impact blockchain is having and will have in the real estate sector is unpredictable. Eliminating entry barriers for buyers, converting traditionally illiquid assets into liquid and saving costs for large corporations are clear examples. In the short term, I see a paradigm shift on the functioning of the MLS, the listings as well as the ways to carry out the current due diligence in the purchase of properties. This is accompanied by new protocols for the tokenization of assets and participation in investment funds.
Q: What are you focusing on right now?
A: We are currently launching a platform called Expoglobal.io to finance unique projects ranging from technology hubs to boutique hotels built in a sustainable manner and integrated into nature. In the same way, we are following very closely how new business models based on blockchain are disrupting the banking and financial industry. In addition, I am helping FIBREE as a regional co-chair. FIBREE is the leading international network for exchanging knowledge between the real estate industry, the IT sector, and blockchain technology.
Q: What are your thoughts on the future of blockchain?
A: In the near future, I see blockchain/DLT as technologies that will be able to change entire industries. We are already seeing how institutional investors are entering and will do so every time that innovation is accompanied by a legal framework.
Q: One final thought for our community at Blocksquare?
A: The need for a legal framework on blockchain is critical. Our commitment is to help and develop a worldwide legal framework.