Building with Blockchain ? How Virtual Currency Technology Could Revolutionize Real Estate
"For real estate investors and developers, tokenisation and the use of smart contracts which facilitate the automated payment of rental proceeds and other income derived from real estate assets, could unlock an entirely underserved investor base and create fresh opportunities."
The post Building with Blockchain ? How Virtual Currency Technology Could Revolutionize Real Estate appeared first on LUXUO.
Photo by Oleksii Drozdov on Unsplash
The beads of sweat gathered around Yaacob?s brow as he waited for the clerk seated behind his desk in the stifling un-airconditioned heat of the land registry to attend to him.
A rice farmer in a mostly agrarian corner of Asia, Yaacob had few, if any reason, to ever visit the local land registry, but tragedy had forced him there on this particularly humid and oppressive morning.
?What did you say your name was again"? the clerk asked, without even so much as looking up.?
?Ibrahim, Yaacob, son of Duta Ibrahim who has passed.?
The clerk continued to rifle through the voluminous blue and pink manila folders bound with pink twine in search of Ibrahim?s title deed.
?Ah yes, here it is. Ibrahim,? the clerk beamed as if he had just discovered a rare treasure, pausing for a pregnant moment for the praise and gratefulness from Yaacob that never arrived.
Undeterred, the clerk unbound the manila folder?s pink twine and flipped through the ledger in search of Yaacob?s title deed.
?Right...
The post Building with Blockchain ? How Virtual Currency Technology Could Revolutionize Real Estate appeared first on LUXUO.
Photo by Oleksii Drozdov on Unsplash
The beads of sweat gathered around Yaacob?s brow as he waited for the clerk seated behind his desk in the stifling un-airconditioned heat of the land registry to attend to him.
A rice farmer in a mostly agrarian corner of Asia, Yaacob had few, if any reason, to ever visit the local land registry, but tragedy had forced him there on this particularly humid and oppressive morning.
?What did you say your name was again"? the clerk asked, without even so much as looking up.?
?Ibrahim, Yaacob, son of Duta Ibrahim who has passed.?
The clerk continued to rifle through the voluminous blue and pink manila folders bound with pink twine in search of Ibrahim?s title deed.
?Ah yes, here it is. Ibrahim,? the clerk beamed as if he had just discovered a rare treasure, pausing for a pregnant moment for the praise and gratefulness from Yaacob that never arrived.
Undeterred, the clerk unbound the manila folder?s pink twine and flipped through the ledger in search of Yaacob?s title deed.
?Right...
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