This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/01/01/greatly-improve-your-real-estate-business-by-using-blockchain-technology/
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If you’re fresh in the commercial real estate (CRE) industry or are a seasoned veteran, you definitely know firsthand how cutthroat and utterly unforgiving this business can be. And though many of you may cringe at what I am about to say, we all know it’s true to a certain degree: when consumers think of the least trusted professions, real estate agents fall right in with Congress, telemarketers, and, sadder yet, car salespeople.
But if you think being placed in the same barrel with those personae non-gratae is bad enough, when asked to list the most trusted to least trusted professions, real estate agents ranked lower than the notorious and abominated groups such as attorneys and bankers! Though putting the real estate profession below bankers as the least trustworthy seems a bit overkill, when we examine the industry’s track record, it’s not a pretty picture. As a matter of fact, it’s not even Photoshopable at this point.
But what if I proposed a way for you, an individual who has the right not to be placed in barrels of personae non-gratae or with abominated groups, to offer consumers a reason to place you among the most trustworthy of professions, like nurses, grade school teachers, and the such? Well, that’s exactly what I’m going to do in this article.
Blockchain-Based Real Estate Rebuilds Trust.
For those who are totally lost when it comes to blockchain technology, just imagine one huge spreadsheet that has been duplicated thousands of times over across massive computer network. This “smart” network is continually updating each block in the spreadsheet as needed, keeping detailed, unchangeable, highly encrypted public records.
Another very important aspect about the blockchain is that it removes the need for a “middleman” so to sp… Read More
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