Digital Real Estate Titles? Watch What Wall Street Says About Blockchain

Some of Wall Street’s biggest banks — Goldman Sachs, JPMorgan Chase, the list goes on — are quietly integrating blockchain, the technology that spawned bitcoin, into their businesses. In fact, Wall Street firms have been experimenting with blockchain for years. Regardless of what bitcoin does, blockchain technology will flourish. Tom Farley, ex-president of the New …

Blockchain for Good: Can Smart Contracts Play a Community-Building Role?

Holding the deed to real estate is long associated with stability and financial security. What if some of that security could be shared by — and build up— communities? This article is a thought experiment. Let’s imagine how things could play out if local residents could invest small amounts in a building. How would this …

AI and Blockchain: Their Blended Impact in Real Estate

Artificial intelligence (AI) and blockchain technology have been converging. Both are transforming the way real estate works. AI is about to change the way we create (and look for) listings. It’ll change the way our brokers and lenders gather and use knowledge. And it will change the way investors crunch numbers and make profits.

Here’s What Citigroup Says About Blockchain for Real Estate

Citigroup is a leading global investment bank. And it says blockchain “could be a good fit” for real estate. Traditional real estate often lacks transparency, relies on a lot of middle people, and is generally cumbersome to sell, according to Citigroup’s new report Money, Tokens and Games: Blockchain’s Next Billion Users and Trillions in Value. …

New Hampshire and Texas: Both Looking at Blockchain for Deeds?

Governor Chris Sununu intends to make New Hampshire “a leading jurisdiction for the development of sound and effective applications of blockchain technologies.” This comes on top of a new report from the Governor’s Commission on Cryptocurrencies and Digital Assets, which says blockchain offers improved methods for recording real estate deeds and other title documents. Change …

Blockchain in Real Estate: An End-of-Year Reality Check

This year in cryptocurrency, we witnessed the speedy rise and fall of Sam Bankman-Fried (“SBF”), whose $32 billion company FTX filed for bankruptcy in November. After the spectacular crash of FTX, it’s never been clearer: Controlling types who invent new coins for the market may come, and they may go. Blockchain is the technology that …

Could Blockchain and Artificial Intelligence Remove Bias From the Mortgage Process?

In 2017, a small business came up with a fully online mortgage tool. The founders called it an intelligent mortgage adviser, and named it Home Lending Pal. It’s meant especially for first-time home buyers. The platform uses artificial intelligence (AI) to help them become home buyers. Its application criteria do not include race, age, gender …