See the way Blockchain Technology entered into the world of Real Estate – Bitcoints

bitcoin

Published on October 11th, 2017 | by bitcoin

0

See the way Blockchain Technology entered into the world of Real Estate

One such industries, real estate, seems to have embraced Blockchain under the radar.
Unfortunately, real estate as a business rarely produces any noticeable news when it comes to employment of distributed ledgers.
Tokenization of Real Estate
There is in fact a plethora of companies and startups that use Blockchain-based solutions in the real estate industry.
The general idea of tokenization is that people may invest in real estate by purchasing digital tokens that represent real property.
Others advantages of tokenization include easy distribution of profits from real estate, simplified title registries, lowered entry thresholds for real estate investors, and complete traceability and verifiability of all transactions ensured by Blockchain.

Source: Cointelegraph.com



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑