Close
  • Home
  • Applications
      • Asset Management
      • Business Intelligence
      • CEM
      • Cognitive
      • Compliance
      • CRM
      • Data Center
      • E-Invoicing/E-Billing
      • Enterprise Communication
      • Enterprise Mobility
      • ERP
      • Facility Management
      • GDPR
      • Human Resource
      • Information Security
      • ITSM
      • Managed IT Services
      • MarTech
      • Payment and Card
      • Procurement
      • RegTech
      • Risk Management
      • RPA
      • Software Testing
      • Unified Communication
  • Verticals
      • Automotive
      • Casino Tech
      • Contact Center
      • Enterprise Startups
      • Field Service
      • FinTech
      • Healthcare
      • Legal Tech
      • PropTech
      • Telecom
      • Travel and Hospitality
  • Technologies
      • Agile
      • Artificial Intelligence
      • Augmented & Virtual Reality
      • Big Data
      • Blockchain
      • Cloud
      • Data Analytics
      • DevOps
      • Drone
      • HPC
      • IoT
      • Robotics
      • Smart City
      • Storage
  • Company Eco System
      • Adobe
      • Dassault Systemes
      • HPE
      • IBM
      • Microsoft
      • Oracle
      • Salesforce
      • SAP
  • News
  • conferences
  • Newsletter
  • Specials

  • Menu
      • Big Data
      • Blockchain
      • Casino Tech
      • CEM
      • Cloud
      • CRM
      • DevOps
      • Drone
      • Facility Management
      • GDPR
      • IoT
      • Legal Tech
      • Oracle
      • PropTech
      • RPA
  • Blockchain
  • Cloud
  • CRM
  • Drone
  • Facility Management
  • IoT
  • Oracle
Specials
  • Specials

  • Big Data
  • Blockchain
  • Casino Tech
  • CEM
  • Cloud
  • CRM
  • DevOps
  • Drone
  • Facility Management
  • GDPR
  • IoT
  • Legal Tech
  • Oracle
  • PropTech
  • RPA
×
#

CIO Applications Europe Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications Europe

Subscribe

loading
  • Home
  • Blockchain
Editor's Pick(1 - 4 of 8)
left
Supporting Business with the Right Technology

Andy Jurczyk, CIO, Seyfarth Shaw LLP

Blockchain CIO Perspective

Mary Kotch, EVP Global CIO, Validus Reinsurrance

A Closer Look at Block Chain Technology

John Shea, CIO, Eaton Vance

Technology Should Be More Proactive and Secure

Anthony Cinquemani, CIO, Application Deliver - Delivery Channels Regions Financial Corporation

The Unexplored Business Opportunity of Blockchains

Andrea Redaelli, Principle Project and Portfolio Management, HUGO BOSS

Disrupting the Telco Landscape, One Block at a Time

John Calian, SVP, Head of T-Labs & The Blockchain Group, Deutsche Telekom AG

Blockchain, Where is the Bottleneck?

Renato Grottola, SVP & Global Director Digital Transformation and M&A, DNV Gl Business Assurance Group

Blockchain and its Potential for the Real Estate Industry

Achim Jedelsky, Head of Processes/IT, Daimler Real Estate

right

THANK YOU FOR SUBSCRIBING

The Applications of Blockchain Technology in Real Estate market

By CIO Applications Europe| Thursday, December 06, 2018
Tweet

The success of bitcoins has made the companies take notice of Blockchain technology on which the entire bitcoin program is based. Many industries have started exploring viable options for inducting blockchain technology into their system to make their system secure and efficient.

The blockchain is a decentralized and distributed list of records that are linked using cryptography. The blocks contain the information about the previous block, a timestamp, and the transactional data. Blockchain provides a distributed encrypted ledger to store the data which is spread across the network. Even if a device in the system is compromised, the decentralized nature of blockchain ensures that the information is stored in other devices of the network. Blockchain also allows retrieving the data in case of a system malfunction. Harbor, a San Francisco based blockchain startup actualized the decentralized protocol of blockchain to standardize the way crypto-securities are traded on the blockchain network.

Checkout : Top Blockchain Technology Companies in Europe

The real estate industry has started using technology tools to enhance their efficiency. The industry is relying on technology to speed up their day-to-day business without compromising on the security and customer experience. Blockchain can help the industry to achieve their aim in the following ways:

Tokenization: Tokenization of resources can provide noteworthy liquidity to resource owners, enhanced consistency checks, digitized and faster settlement. Blockchain helps the real estate owners to trade on an open market through secondary trading. Tokenization helps to split the resources into tokens, and the tokens are stored on the blockchain network. Blockchain also helps the owners to sell only a part of their property.

Smart Contract: Smart contract is an encrypted program that is provided by blockchain technology. The contract operates automatically if the terms and conditions of the contract are met. The current processes in real estate have many middlemen. Smart contracts help to eliminate the middlemen as the exchange using the smart contract is completed between the owner and the purchaser. It also reduces the time taken to complete a contract. A smart contract is also a cost-saving option for both the owner and the customer.

tag

Blockchain

Read Also

ARK and nOS show a Positive Upward Trend in Blockchain Adoption

ARK and nOS show a Positive Upward Trend in Blockchain Adoption

5 Barriers to Complete Adaptation of Blockchain

5 Barriers to Complete Adaptation of Blockchain

Ensuring Regulatory Compliance in the Cannabis Industry with Blockchain Technology

Ensuring Regulatory Compliance in the Cannabis Industry with Blockchain Technology

Wonders of Blockchain Technology

Wonders of Blockchain Technology

Weekly Brief

loading
news
ON THE DECK

Compliance 2019

Top Vendors

Artificial Intelligence 2019

Top Vendors

Previous Next

Top Trending News

  • 4 Latest Enterprise Mobility Trends to Follow
    4 Latest Enterprise Mobility Trends...
  • Is 5G a Game-Changer for the European Healthcare Industry?
    Is 5G a Game-Changer for the European...
  • 3 Digital Trends Influencing the European Hospitality Industry
    3 Digital Trends Influencing the...
  • How is the European M&E Industry Preparing for 5G?
    How is the European M&E Industry...
View More ›

Vendors

  • itmSUITE: Simple Seamless Secure Compliance

    Maxime Sottini, CEO, itmSUITE

    eccenca GmbH: Achieving Digital Maturity

    Hans-Christian Brockmann, CEO, eccenca GmbH

    Keepabl: Simplifying GDPR Compliance

    Robert J Baugh, Founder & CEO, Keepabl

    MetaCompliance: A One-Stop Shop for Staff Awareness and Data Privacy

    Robert O'Brien, CEO, MetaCompliance

    Semago: One Step Ahead in Data Security

    Didier Barella, Founder, Semago

    TimeXtender: Managed Data Documentation

    Heine Krog Iverson, Founder & CEO, TimeXtender

  • TNP Consultants: The Pathway to Data Governance

    Guy Leturcq, Co-Founder & General Director, Florence Bonnet, Director, TNP Consultants & Manager, GDPR and Security Community, TNP Consultants

    Kerubiel: GDPR Compliance Simplified

    László György Dellei, CEO, Kerubiel

    A.I. Tech: Stimulating Analytic Intelligence into the Camera

    Alessia Saggese, Co-owner, Mario Vento, Co-founder & Co-owner, A.I. Tech

    ClickSoftware: Powering the End-to-End Service Journey

    Mark Cattini, CEO, ClickSoftware

    Lightspeed Mobile Labs: The Cornerstone of Mobile Application Development

    Abby Walters, CEO, Charlotte Evans, VP of Engineering, Lightspeed Mobile Labs

    QUIBIQ: Leading The Connected World

    Dr. Felix Weil, Managing Director, QUIBIQ

Copyright © 2019 CIOApplicationsEurope. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplicationseurope.com/news/the-applications-of-blockchain-technology-in-real-estate-market-nid-641.html