WHAT IS BLOCKCHAIN?
Blockchain is a shared and distributed database or ledger. Transactions are processed and bundled in blocks and the blocks are encrypted and cryptographically linked in a chain.
WHY IS THIS IMPORTANT?
The future of real estate is one where purchases and investments become much more liquid, much more available, and far more easily documented and managed. These changes will be driven largely by blockchain technologies. The investment market, for real estate, has been dominated by a relatively closed network of firms and organizations able to shoulder big, chunky, illiquid investments.