In our previous articles Blockchain in Healthcare and Blockchain in Education, we explained the concept of Blockchain and its pros in this particular domain. You can go through these articles to have a refresher on what Blockchain actually is and its key features. Here let us talk about how the Blockchain is transforming the real estate sector.
Nowadays there is a lot being written and discussed Blockchain, its applications, bitcoin and related technologies, and for many real estate professionals and business, this is part of a brave, vivid, new, confusing world of technology. Just like the original internet, the Blockchain is a promising revolution in technology that will touch all people and every business.
To understand how Blockchain can benefit the real estate business, we need to first understand one prime application of Blockchain which is Bitcoin.