Blockchain in real estate industry

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Blockchain Real Estate Industry

• Blockchain technology has been creating waves
  across multiple industries. Real estate is one
  important sector that could gain innumerable
  benefits if we integrate blockchain properly.
• Let us discover blockchain solutions for the
  challenges in the real estate domain.

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Challenges

• The challenges that this industry faces is
  limitless. Yet it is not impossible to overcome
  these with the help of blockchain. Here comes a
  list of problems that this domain faces.

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• Countless Barriers
• If not a billionaire or millionaire, a person
  will have to overcome hurdles like international
  bank accounts, credit scores, accreditations,
  managing funds, finding the right sponsor, etc.

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Not everyone can invest alike

• Unlike bank investments, real estate is not for
  everyone. The chances of buying properties on
  foreign lands for people with meager income might
  end up as a mere dream.

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Absolutely No Transparency

• Panama Papers controversy is one solid example of
  the lack of transparency in the real estate
  industry. Tax evasion, corruption, and money
  laundering go beyond the limits.

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High Middlemen Fee

• Fee for the middlemen in foreign countries is
  enormously huge compared to that in the
  motherland. Globalization is close to impossible
  for people with moderate annual income.

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• Liquidity Issues
• Liquidity is how easily an investment can be
  encashed. Liquidity in real estate is not easy.
  It involves too many factors for the buyers to
  consider and lot many complications for the
  sellers as well.

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Blockchain Solutions for
Real estate

• Blockchain has never failed to astonish us. There
  is a solution for every challenge that the
  industries are facing. Here is a list of the
  blockchain solutions for real estate.

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Universally equal amount

• With blockchain integrated into the real estate
  industry, the charges for lands and properties
  can easily be equalized. Buying and selling will
  become easier with cryptos.

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Identity and Credibility

With tokens for identity a persons credit
scores, capacity to return the borrowed amount,
and a lot of other details such as personal
identity can be stored and processed to the
concerned person for loan approval.
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No middlemen fee

Smart contracts execute credible transactions
without third parties. These can execute the
given protocol without the need for manual
supervision. It can be used in real estate to
eliminate intermediaries.

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Complete transparency

With every information stored on the blockchain,
there is complete transparency of every
transaction made and every step taken until the
execution of a deed.

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• Blockchain has solutions for every challenge in
  every industry. The only matter is to integrate
  and execute blockchain wisely for the betterment.
  
• Keep watching this space for more exciting
  information all related to blockchain!

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Thanks!

• Any questions?

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