Protocol Version 23 is about to hit the Pi blockchain, and the latest update discussed by crypto drealFx revolves around upgrading Pi to Protocol Version 23. This is a major step because Pi is built on Stellar’s tech, and much of the heavy lifting has already been done there.
That means Pi’s transition could be smoother while still unlocking powerful new features. In simple terms, this upgrade is about turning Pi from just a token into a full ecosystem.
What New Features Are Coming?
The biggest addition is smart contracts. This allows apps to run automatically without intermediaries. For example, lending Pi or receiving rewards in games could happen instantly through code, without relying on third parties.
Another major turning point is the AI App Studio moving beyond beta. This opens the door for developers to build more advanced apps directly inside the Pi network.
There’s also the rollout of .pi domains, giving apps and users unique identities, similar to how websites use .com. Alongside this, Pi Browser will push deeper Web2–Web3 integration, making it easier for regular users to interact with blockchain apps.
You Could Soon Own a Fraction of Real Estate on Pi
Here’s where it gets really interesting. Protocol 23 brings Real-World Asset tokenization to Pi, meaning physical assets like property, stocks, and commodities can be broken into digital tokens on the blockchain.
For instance, instead of needing $200,000 to invest in real estate, you could buy in for just $200 worth of tokens. It is good news for ordinary people who’ve never had access to these kinds of investments.
On top, it gets more credible with Stellar recently joining the ERC-3643 Association, a global body setting compliance standards for tokenized assets. Since Pi runs on Stellar Core, this puts Pi on a direct path toward being recognised by traditional finance. That’s not hype, that’s infrastructure.
traditional finance. That’s not hype, that’s infrastructure.
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