Welcome to RealtyCentral.com – Exploring Blockchain Technologies for Real Estate Applications.
How does Blockchain apply to Real Estate you might ask? After an in-depth look at the emerging technologies surrounding distributed ledger solutions, the short answer is it has the potential to lower costs, shorten timeframes and streamline a market that has many built in inefficiencies. From international transaction settlements to title issues, blockchain related services aim to revolutionize the process of buying and selling real estate to the advantage of businesses and consumers alike in an industry that has been historically protective of it’s entitled stakeholders.
An interesting Real Estate Blockchain service out of Switzerland called BrikBit is busy defining an ecosystem for Real Estate Digital Assets utilizing the Lisk Platform to enable Real Estate Projects to create their own blockchain as a BrikBit sidechain. An upcoming October ICO for their BRIK token will help gauge the current market sentiment for this cutting edge tech.
Helping to further the goal of Real Estate on the Blockchain, we give props to the International Blockchain Real Estate Association for their sponsored events and extensive resource of videos from prior conferences. Thanks IBREA.