How Blockchain Is Enabling The Next-Generation Of Real Estate Investors
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Blockchain and real estate are familiar bedfellows, with the housing industry often cited as one of the sectors that stands to benefit most from adopting the decentralized ledger that underpins cryptocurrencies like Bitcoin. There’s no end of Web3 real estate projects up and running now, taking advantage of blockchain’s capabilities to provide an alternative to escrow , for example, or store property ownership records . Now, as the housing market slips into a period of uncertainty that’s greater than anything it has faced since the 2008 recession, blockchain is emerging once again as a potential tool for investors in the space. The real estate industry is on the rocks. Prospective home buyers have been waiting for prices to come down for several years so they can finally get a foothold in the ma...