[2017-03-23] BS: Will blockchain disrupt real estate industry?

Will blockchain disrupt real estate industry? Here's all you need to know

http://www.business-standard.com/article/economy-policy/will-blockchain-disrupt-real-estate-industry-here-s-all-you-need-to-know-117032300544_1.html

There has been much talk about blockchain and its potential to disrupt different industries, including real estate.

Why is this technology so appealing? Blockchain can decentralise transactions and remove middlemen. In its purest form, it is like a digital ledger where users can record transactions that cannot be censored and can be accessed by the public. These records on blockchain may include specific property-related information such as ownership details, addresses, and encumbrances.

Just imagine how cryptocurrency property titles can be stored with all your other material possessions in your own secured digital wallet. Disposing these assets could be easier through a secured online marketplace where transactions are verified, tracked, and recorded on the immutable blockchain.