Blockchains technology aims to remote real estate transaction with high level of trust, transparency, communication and easy to use
Simple deals processing
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Faster Transaction
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Fraud mitigation
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paper work
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Cashflow management
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lease agreements
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Overview
Real Estate is a huge market with the estimated value of $217 trillion. Traditionally seen as high-paying and the most stable type of investment, the market allows plenty of opportunities for making big gains.The blockchain implementation seems to bring innovative solutions across businesses and is promising to help soothe numerous pains of the real estate. We ourselves are strong believers that the blockchain is set to streamline the global real estate industry in many ways. And the mass adoption of new technology will only move the real estate market to the next level.
property selling offer
seller brings in his digital property info including marketing material, legal title, management information, utilities, design & construction, infrastructure, physical and environment condition
publishing property information
property desired information is transferred to the digital dashboard
INSPECTION OF THE INFORMATION
interested buyers and agents investigate the available information
start of deal transaction
blockchain send trigger to ease this deal and setup escrow among buyer and seller or direct agreement among buyer and seller
final agreement
signing smart contract among buyer and seller such that the ownership is transferred to the buyer and the money is transferred to the seller