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Author Topic: [2017-10-09] How the Blockchain Can Open Up Foreign Property Investment  (Read 984 times)
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October 09, 2017, 04:45:36 PM
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For most individuals, investing in foreign property seems out of reach. The barriers, however, have far less to do with one’s income and more to do with issues around information, namely quality and verifiability. It is not just the cost of property but also the expense in hiring local advisers that makes foreign real estate a rich man’s game.

Blockchain technology has the potential to significantly lower these barriers, making property investment a viable option for a larger swathe of the population. In short, distributed ledgers can provide greater transparency into the availability, detail and oversight of properties in more inaccessible areas.

Tokenization makes real estate investments more liquid and divisible among a greater number of people — an attribute that greatly reduces transaction costs and increases economies of scale.

https://bitcoinmagazine.com/articles/op-ed-roadmap-how-blockchain-can-open-foreign-property-investment/
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