Best Blockchain Applications for Real Estate in 2024
Sumedha Sen
Property Transactions and Smart Contracts: Blockchain enables seamless property transactions through smart contracts, which are self-executing contracts with the terms directly written into code.
Tokenization of Real Estate Assets: Tokenization involves converting real estate assets into digital tokens that can be traded on blockchain platforms.
Decentralized Property Management: Blockchain can streamline property management by providing a decentralized platform for managing rental agreements, maintenance requests, and tenant interactions.
Land Registry and Title Management: Blockchain can revolutionize land registry systems by providing a secure and immutable record of property ownership.
Real Estate Crowdfunding: Blockchain enables real estate crowdfunding by allowing multiple investors to pool their resources to invest in properties.