-Although still in its infancy, using blockchain in real estate is exciting and full of possibilities. Several startups, such as Redfin and Propy, are already transforming all real estate transactions to be entirely digital.
-The tokenization of entities in the industry will aid fractional ownership. Hence, rather than not investing because you do not have all the money, tokens help you own a piece.
Despite growing acknowledgement that simple token-based governance models have (arguably) critical flaws, the amount of experimentation in the governance realm is low. The key observation is that more experimentation is needed if decentralized governance is going to be sustainable.
1. Properties as TokensDeFi is able to provide more convenient and seamless service that paves the way for innovations previously not possible, particularly in underserved markets.
-Industry experts note blockchain technology will eventually revolutionize all businesses. However, news of the influence of blockchain technology on real estate seems to be flying under the radar.