Blockchain is anticipated to become one of the major disruptive technologies in the 21st century. According to a survey by World Economic Forum, blockchain is expected to account for 10% of world GDP by 2025. Blockchain’s core features include immutable ledger, transaction anonymity, consensus, decentralization, and smart contracts. In recent years, these features of blockchain have proven to be useful in a broad range of applications beyond cryptocurrencies. Blockchain has an immense potential to disruptively transform fintech, real estate, insurance, government, healthcare, IoT, energy, supply chain, manufacturing, etc.
Real estate is the largest and most valued asset class worth an estimated $40 trillion in the US. Real estate industry has not changed much in the last several decades. Blockchain is expected to have a significant impact in various areas of the Real estate industry including notarization, deed recording, title insurance, leasing, loan origination, fractional ownersh