Could blockchain be useful for the real estate industry?
Yes! Absolutely!
Many people believe, I say correctly, that one day soon, we'll use blockchain to record title to all manner of physical or tangible objects, from boats and cars to real estate. The immutable, public nature of blockchain would be perfect for this purpose.
The trick will be for the blockchain community to fully embrace the regulatory and governmental aspects of legal ownership of non-digital assets.
Yes! Absolutely!
Many people believe, I say correctly, that one day soon, we'll use blockchain to record title to all manner of physical or tangible objects, from boats and cars to real estate. The immutable, public nature of blockchain would be perfect for this purpose.
The trick will be for the blockchain community to fully embrace the regulatory and governmental aspects of legal ownership of non-digital assets.