Blockchain in Real Estate Industry | Blockchain For Real Estate Development | Blockchain Solution for Real Estate Sector

Blockchain In Real Estate

Almost all industries across the globe have perceived the potentiality and positive use cases of blockchain technology. The real estate industry is no exception and also it’s one of the leading areas where the tech is utilized with maximum efficiency. Real estate still remains one of the largest asset classes globally. Blockchain solutions for real estate will allow for the democratization of properties. Potential investors from across the globe will have an open pass to take part in real estate investment. If implemented & executed with maximum efficiency, then this dynamic duo can be highly beneficial for the crypto market also as it rapidly increases the real-time utility of crypto tokens. Until now, real estate transactions are regulated offline involving middlemen and various entities. The introduction of smart contracts in the blockchain network allows real estate assets to be tokenized.

We, at Blockchain Firm, are attempting to revolutionize the massive real estate sector. With our newfangled ideas, we aid in designing a decentralized platform, thus promoting high-speed transactions and lower costs. We aim at developing a stable product that will assist you when you wanna know the ins & outs of the real-estate sector. Our team of blockchain specialists will make you understand the happenings in the real world and gather requirements from your end to implement this futuristic blockchain technology in the real estate industry.

Applications Of Blockchain in Real Estate

Smart Contracts

Smart Contracts are self-executing or automated contracts with special instructions in coded formats. Blockchain-powered smart contracts offer a dynamic method to record land titles & deeds. Storing all documents in a secure and decentralized ledger is a powerful alternative to claim land ownership and avoid disputes.

Land Titles

Blockchain advances the land registry process with its immutable and transparent nature helps to track the movement of a property.

Data Collection & Due Diligence

Blockchain makes it possible to store all data of a building and offers an easier way for investors to carry out due diligence.

Investments

The one way to enhance liquidity in property investing is through blockchain which divides the property into fractions, called tokens.

Project Management

Blockchain helps to manage a project with the aid of automated smart digital contracts along with a single point of information.

Property Purchase

Blockchain eases property purchase by avoiding middlemen and providing a listing site, a platform to exchange documents, and a registry.

Financing

By implementing blockchain-based loan applications, the need to rely on traditional systems involving middlemen is eliminated.

Benefits Of Blockchain In Real Estate

Decentralization
In a blockchain system, all the records are stored inside a blockchain and they are not owned by one single organization or entity.
No Fraud Complaints
Blockchain-powered land registry platforms will be capable of serving as proof of ownership, existence, exchange, and transaction.
Immutability
When data is stored inside the blockchain, no third-party can tamper the data due to the presence of cryptographic hash principles.
Peer-to-Peer
Blockchain boosts peer-to-peer transactions by cutting the intermediaries and middlemen, simultaneously reducing costs.
Accelerating the Process
Blockchain can prove authenticity to a greater extent. Homeowners can transfer the ownership of their land to the buyer legitimately.

Our Stratagem

Requirements Gathering

We don’t want our client to question us! So we make sure that all the requirements from the Client-end are clearly noted. We also offer the client a fair document containing all the project details.

Analysis, Design & Planning

We analyze the trending demands for your business and prepare a prototype that best suits for the digital world. And after that, we’ll discuss the project plans either directly or via phone.

Development & Implementation

During the development phase, everything that is required to implement the product is deployed. Once done, the software will be ready to be installed and released into the testing environment.

Testing & Deployment

Releasing the product into various test situations to validate its outputs, observe lags, and the way it functions is the next phase. Finally, the project is deployed into the real world.

Blockchain Solution for Real Estate Industry