- Real estate has a bright and exciting future ahead, thanks to blockchain. Here are some ways that current trends will influence the future of real estate:
Blockchain technology will enable real estate to be bought and sold in the same way as any Non Fungible Token (NFT). This can be done instantaneously and at any time, from anywhere in the world.
-There are many benefits of using blockchain technology in real estate. From title transfers to price negotiations, blockchain technology offers a simple and secure way to perform complex real estate transactions.
How does this translate into tangible actions you can take now to prepare for the digital real estate transformation? We’ve got a couple of suggestions:
The creation of limited liability companies 400 years ago laid the template for the modern company, which has been replicated across the globe and become the basic building block of modern commerce.
Web3 is the name some technologists have given to the idea of a new kind of internet service that is built using decentralized blockchains — the shared ledger systems used by cryptocurrencies like Bitcoin and Ether.