-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.
2. NFTs DeedsThe record of a purchase is placed on the blockchain and provides access to the legal documents. This minimizes costs for buyers and streamlines the purchasing process down to mere minutes.
The deep-seated nature of entity thinking in legal system and psychology is also highlighted, and it's suggested that by thinking of DAOs as flows instead of entities, it will avoid recreating traditional centralizing structures and fully realize the potential of web3 technology.
4. Crypto MortgagesMilo is a fintech startup that is promising to deliver the world’s first “crypto mortgage” by allowing customers to use Bitcoin as collateral to qualify for a 30-year loan.