Real Estate and Blockchain - What are the Possibilities?
Blockchain technology has a lot of potential and does not just apply to the world of finance. It can be used in any multi-step (high value) transaction where visibility and traceability are essential.
If a smart digital contract can eliminate the need for a third party when sending money, it can also disrupt a number of other sectors where intermediaries are currently required to provide trust. This has a tremendous amount of potential for the real estate industry.
The main benefits of blockchain - speed, confidence and removal from a central authority - can apply to the real estate market.