Today it appears that crypto is “speed running” ownership, finance, and how groups organize and govern themselves—could real estate be next? What are some changes blockchain brings to Real Estate?
The entire landscape of the real estate is subject to changes brought on by blockchain technologies. First, blockchain real estate applications make real estate available to everyone with an interst, Secondly it is allowing for faster and more secure exchanges. Here is a quick reference to the ways blockchain tech can make real estate better
- Online Markets With Trading Systems
- No Need For Brokers, Agents, Red Tape
- Real Estate Becomes A Fluid Asset
- Blockchain Allows Ownership as a share
- Automated Transactions using Crypto
- Smart Contracts for Real Estate
For more details see the original story here at fortunebuilders.com
The sumary is that blockchain-based platforms could one day enable fractional ownership of real estate assets, making it possible for a wider range of people to invest in property. This could open up new opportunities for investment and help to democratize the real estate market. As people realize digital technologies spawned from blockchain, we believe that crypto blockchain technologies will begin to change the way we buy, sell and invest in property.
What innovative technology would you like see applied to Real Estate? Comment
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Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. EAC22071102KT Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.