Blockchain in Real Estate is transforming the trillion-dollar industry
Blockchain in real estate is permitting small investors to a multi-trillion dollar industry with liquidity. From business administration to partnership, blockchain is changing every aspect of industries, even with an undergo change industry like real estate. With the ability to store data in a distributed and immutable way, the idea of tokenizing a property with blockchain makes investment property no longer reserved for wealthy investors. Blockchain in real estate is permitting small investors to a multi-million dollar industry with liquidity. How blockchain can change the dominance in real estate investment A report by HSBC in 2017 has pointed out that the global real estate value tops $228 trillion. Yet, this behemoth asset class is managed by a few incumbent players in the property sector. As the market is dominated by several players, the market power for some other minor players is weak. From the viewpoint of the investors, investment property requires a substa...