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Transformative Potential of Blockchain in Real Estate
The power of digital has already started affecting the real estate industry. Finding houses online, virtual tours of offices, intelligent recommendations, digital transactions and newer ways to invest in properties are laying the foundation of the future of real estate. Blockchain is one technology that can redefine the real estate industry by bringing various advantages to buyers and sellers:
- Secure blockchain-based transactions
- Increased transparency in property information
- Trustless governance by with secure and transparent smart contracts
- Tokenization of properties for the ease of buying and selling globally
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