The Real Estate Companies that are Utilizing Blockchain Technology to Boost The Market Sector
Overview
Do you want to buy a rental house or your dream home? You can buy that easily with your cryptocurrency, Yes, at present it is possible to buy properties with cryptocurrency. In fact we have seen that some blockchain based real estate is already gaining massive popularity among the masses, if you wonder why? Then you must know that with the help of blockchain technology and cryptocurrency the various buyers, sellers and also the investors can now interact with the real estate companies directly. They can cut off the middleman, and save that extra money and also the time.
But if you want to know why and how blockchain or crypto is sure to give the real estate industry such a significant lift? Then you must know that they can do this by leveraging Distributed Ledger Technology (DLT). Due to Distributed Ledger Technology (DLT) it can increase trust of the masses. It is because DLT provides greater transparency and it can help the public to understand the company. Due to the transparency the public can trust the company and can buy property from them.
Nonetheless, if you are wondering about the blockchain companies that have contributed largely to the real estate industry then consider giving a read to our blog post. In this blog post we have discussed some companies that have boosted the real estate market sector. But before that you need to know about blockchain real estate.
What is blockchain real estate?
We all know the safety and security measures of blockchain technology are hard to crack, and therefore it made this technology more suitable for real estate. Incorporation of blockchain technology is helping the real estate industry to gain trust of the public.
Blockchain real estate is simply the combination of blockchain technology and the real estate industry. Real estate companies all over the world are using the smart contracts and ledger abilities of blockchain technology. This is helping to create a transparent and efficient facility for renting, buying, investing and even lending the property.
You can also buy, sell or rent properties with the help of cryptocurrencies. All you need to do is buy some cryptocurrencies, you can do that from Bitcoin Era crypto exchange platform.
The list of companies
1. Republic
Republic is located in New York USA, if you’re wondering how this company is utilizing blockchain technology in the real estate market. Then you need to understand that, Republic allows people to invest in various real estate projects. It creates opportunities for the companies and also helps to contribute towards a better future for themselves and the masses. From highly vetted startup opportunities to real estate, Republic allows investors to help build up new projects, places and currencies and reap the rewards down the line.
2. SafeWire
This company is located in Columbus, Ohio, SafeWire helps real estate firms, agents, clients and industries from intervention of hackers by using blockchain. This company also has its platform that the public can use to get in touch with lead real estate companies.
Some honorable mention
• RealT
• PropertyClub
• SMARTRealty
• Propy Inc
Conclusion
Hopefully, you have understood how various companies are utilizing blockchain technology to boost the real estate industry.
You May Also Enjoy
Popping the Asking Price Bubble
Highest demand to lease office space since pre-pandemic
Planning consultations for major infrastructure to be streamlined
‘The property ladder pulls further away’ warns Open Property Group
How Long It Takes to Buy a House in the UK: 5 Common Delays That Can Slow Down Your Home Purchase
