Blockchain technology open up the best possibilities for real estate
business in online by smart
renting of land and the automatic verification
of property
ownership and buying and selling
a property is becoming a more secure, immutable,
faster process.
Supported by outdated technology and processes
Rely on paper bonds to register land and property ownership
Transferring and verifying ownership is costly, non-transparent
Legal, cultural and financial barriers stand in the way
By establishing blockchain powered / decentralized realestate platform that could potentially replace middlemen & resolving the middlemen challenges with a permission-based public records system that parties can use for a fee by deploying immutable features for recordkeeping system.
dApps are built by using blockchain technology with strong cryptographic algorithms that is for storing immutable properties records, even open to all participants. Consequently, dApp development reduces the possibilities for fraud due to dishonest selling practices, presenting the factual situation in a distorted manner, or offering an unfair sales price.
The tokenization model intends to subdivide pieces of real estate into tradable assets and list them on ICOs / Security Token Offerings (STOs) and exchanges. Asset tokenization on property selling would ease the transfer of ownership and simplify fractional holdings.
Perhaps blockchain technology is expected to give huge success on the real estate industry.
“Brugu team have loads of insightful thoughts and tech savvy ideas in real estate Industry on how to incorporate blockchain technology( and rest other sentence)” .
Brugu has 5+ years of real experience in building military-grade secured solutions with DLT applications as well as delivering projects on top of blockchain, cloud, machine learning, IoT, and Big data.
Brugu software developers provides an optimal blockchain powered solutions on various business services and assists you through the implementation of a DLT-based product of choice.
You can arrage demo call with us by filling the form.
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