Jeff Garzik, bitcoin entrepreneur and founder of Bloq, a code-for-hire service, gave an overview of blockchain’s application to real estate at the International Blockchain Real Estate Association (IBREA) Conference in Newport Beach, Calif. A video of the conference is available on Youtube.
He explained blockchain technology’s benefits to the real estate business: automated payments, fraud reduction, no bad checks, more data on properties in real time, more trust in the property information, and more auditable transactions.
Garzik is also building a real estate decentralized autonomous organization (DAO) which is a real estate investment fund on a blockchain. He is also an IBREA board member.
https://www.cryptocoinsnews.com/bitcoin-entrepreneur-jeff-garzik-blockchain-real-estate/
