Despite the fact that global real estate holdings are worth hundreds of trillions of dollars the sector has long lagged behind as areas such as finance rapidly digitalized. Up until now investment in real estate has usually been the providence of the wealthy with most of the population effectively locked out of the asset class. Additionally, the industry suffers from low liquidity, high transactions costs, high barriers to entry and little transparency.
Right now we’re entering a kind of perfect storm environment where blockchain is enabling new business models while simultaneously addressing the issues endemic to the industry.
At this event, we will see established real estate players leveraging blockchain-based for investment purposes, to streamline inefficient processes and to build innovative new business models on top of a decentralized technology stack.