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Is Yao Haitao's digital platform of real right legal?
Legal.

The concept, status and transaction mode of real right are clearly defined in the Property Law of People's Republic of China (PRC) and the Book of Real Right of People's Republic of China (PRC), especially in Chapter 8 of the Book of Real Right of Civil Code: * * Yes. The legitimacy of "digitalization of real right" is defined from the legal point of view. Only by digitizing the enterprise's "real right" can the value function of enterprise's real right be played more effectively and activated.

The digitalization of enterprise property rights can form a multi-party mechanism, break the mindset of "buying, selling and renting" for thousands of years, and solve the financing problem of small and medium-sized enterprises from another angle.