Blockchain Technology Will Revolutionize the Housing Industry

Let's talk about the real estate industry on the blockchain. What if all the details of a home could be presented to you seamlessly before you buy? This is what buying a house could look like when housing information is stored on the blockchain. The possibilities are endless!

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Will Revolutionize the Housing Industry

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    1. The immutability and public nature is very useful. Powerful entities cannot change it, not something we have to worry about much in the west but it can be a problem depending on where you live. Also it’s cheaper to just query the blockchain than to store the data and query it as a company or government.

    2. Lots of banks, agents and expensive middlemen are going to go out of business once legal and financial processes can be automated into fewer steps on a blockchain. This will be a massive real-world use-case in a few years.

  1. Then we turn each property into a NFT. Your deed blockchain and NFTs talk to each other and bam! We just eliminated real estate agents, brokerages, and title companies.

  2. That would be amazing. Take out the 3rd party. You would be able to sell your property without a middle man.

  3. This does not seem to be a problem that requires a solution. I can find all that data easily now.

  4. This sounds suicidal if applied on a PoS system. Binance, bitfinex, and kucoin alone could take 51% of supply and change your land deed title…don’t act like history doesn’t show us rich people can’t collude together

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