Financial peace of mind
Imagine a world where the details of every office rental payment could be checked at the click of a button – the peace-of-mind, and power, of having a verified, accurate history of a property’s Net Operating Income since its first day of operation; a transparent, unchallengeable understanding of financial performance.
Blockchain could also have the potential to deliver highly efficient investment valuations using anonymised, comparable data. Complex, independent property valuations could become the exception rather than the norm, with elaborate financial due diligence and valuation procedures being replaced by a simple blockchain ledger.
There is considerable support for the theory that blockchain could also eventually deliver incremental gains in property values. The power of blockchain’s cryptographic technology to preserve history has the potential to significantly drive down transaction costs and even add transparency to the property sales process.