Blockchain Set to Change the Face of Commercial Real Estate As We Know It

gepubliceerd op by Cointele | gepubliceerd op

The real estate industry has seen significant growth since the recession.

Real estate investment has three major drawbacks: the presence of intermediaries, the lack of affordable funding options, and fraud.

Finally, the commercial real estate industry is rife with fraud, not just in the United States, but globally as well.

These crimes, including title fraud and online sale scams are aided by the rarity of trusted platforms where real estate documents can be verified.

Blockchain real estate platforms eliminate the need for intermediaries like lawyers and agents by providing a means of property verification and payment to buyers.

Bringing blockchain innovation to real estateSeveral companies are working to bring these solutions to the commercial real estate industry.

These projects allow users to crowdfund real estate development projects using IHT, the company's cryptocurrency.

The i-House ATO model provides real estate accessibility and a verifiable platform for related transactions.

"We aim to create a shared economy asset management ecosystem that spans across the globe, i-House ATO provides real estate owners, developers, and end users the means to own and share assets easily".

The future of blockchain real estateBlockchain presents an opportunity to change how real estate transactions are handled.

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