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Sunday, November 5, 2017

Blockchain News: How Blockchain Technology Made It to Real Estate Business

How Blockchain Technology Made It to Real Estate Business

Every now and then, we get reports of another old-fashioned industry embracing Blockchain and its innovations. Even though this parade is mostly led by IT-related industries, such as finance, social media or eSports, their more traditional peers seem to gain pace.

There have been news suggesting that such cumbersome industries as logistics and advertisement gradually let Blockchain into their sacred realms.

One such industries, real estate, seems to have embraced Blockchain under the radar. Certain governments are testing Blockchain solutions to run auctions on public land plots or confiscated properties, and most of them are satisfied and deem the innovation worthy of further development.

Unfortunately, real estate as a business rarely produces any noticeable news when it comes to employment of distributed ledgers.

Full story at

Source: CoinTelegraph

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