Bitcoin and Binance in Real-Estate: Australia to Hold World’s First Live Property Auction Using Crypto…
The auction will commence on Apr. 8th and buyers will be able to use Bitcoin (BTC) and Binance Coin (BNB) to purchase a beach-front modern mansion in the town of Casuarina in East Australia.
Blockchain Adoption Is Still At Its Early Stages According To Wall Street Journal CIO Network… Blockchain technology was invented about ten years ago as the technology underpinning Bitcoin
Ohio Eyes Potential Blockchain Benefits in Real Estate Transactions…The County Auditors’ Association of Ohio (CAAO) announced Wednesday that it has formed a working group to determine how blockchain tech can be implemented at the county level to “more effectively” transfer real-estate deeds between parties.
Wills, real estate, escrow top areas to be disrupted by blockchain…In real estate, for example, blockchain could be used for subdividing a piece of real estate into micro-ownership through a token.
How Blockchain Will be a Game Changer for Real-estate Industry… blockchain is an encrypted record of digital ledger where information is stored over the entire network. The data in a blockchain can be viewed and stored simultaneously, allowing the real estate sector to streamline their business processes. The information in a blockchain network cannot be meddled with, as data stored in the digital ledger is immutable.
But the main feature that makes cryptocurrency essential is its robust decentralized economic model. Instead of an online system controlled by credit ledgers, blockchain technology and cryptocurrency use an immutable ledger that you can use to complete transactions.
Promissing efficiency, accuracy, and security.
Blockchains, it is said, stand to revolutionize enterprise technology by addressing the problems with authentication and identity at the heart of the internet itself, eliminating middle layers in transactions and making it faster and easier to establish provenance. Source: https://blogs.wsj.com/cio/2018/12/17/the-morning-download-beyond-bitcoin-the-future-of-blockchains-in-the-enterprise/
CIO Explainer: What Is Blockchain? A blockchain is a data structure that makes it possible to create a digital ledger of transactions and share it among a distributed network of computers. It uses cryptography to allow each participant on the network to manipulate the ledger in a secure way without the need for a central authority. https://blogs.wsj.com/cio/2016/02/02/cio-explainer-what-is-blockchain/?mod=djemCIO_h
Real estate blockchain set to go live in early ’19. New York-based ShelterZoom plans to launch a real estate application that will lets buyers and sellers transact deals over a blockchain-based network, which could make purchasing a house as easy as pressing a button on a smartphone or tablet.
How Real Estate Is Breaking The Blockchain Mold… its primary purpose was to act as a digital time stamp.
10-19-2018: (Word for today is…BLOCKCHAIN)
Post #1: Is it safe to buy and sell real estate on the blockchain? The most important value of the blockchain is that it gives traders the opportunity to directly share the database. With blockchain, power is decentralized and there is no central administrator or set of administrators.
1. Technology Will Enhance Security And Transparency
2. Blockchain Will Disrupt The Real Estate Title Industry
3. Relevant Information Is Available On Specific Sites
4. Education And State Approval Will Help Adoption
5. Blockchain Will Form A Secondary Market
6. Blockchain Should Be Integrated Into Entire Value Chain
7. Adoption Starts With Learning, Adaptability And Application
8. Blockchain Will Reshape How Data Is Exchanged
9. Blockchain Is Not Cryptocurrency