Art met real estate in a new way this year. Krista Kim’s Mars House design appeared on the first irreplaceable, non-fungible token (NFT) for a virtual house and garden. Kim’s virtual experience was followed by an NFT listing for a home in New York (a real one) on the Ethereum blockchain.
Think it’s all a flash in the pan? Look again. Blockchain’s tamper-resistant
ledger system offers tremendous benefits for real estate deeds. It’s poised to
transform the way we trace a chain
of title. And the rise of NFTs just shows how fast things are
Continue reading “Deeds, Reimagined: Is a New Day Dawning for the Chain of Title?”
Throughout the past decade, blockchain technology has evolved from an upstart concept to early adoption in banking and a host of other industries. Many people are eager to learn about blockchain and how it can change the way we do business.
might wonder, can the blockchain do to remedy the hurdles and risks that
pervade the real estate industry?
The question is now ripe. Today, we can review early examples of blockchain technology in action, modernizing property conveyance. Specifically, blockchain applied to real estate has obvious potential for improving the deed recording process.
blockchain make things better?
Continue reading “The Real Estate Deal, Decluttered: Blockchain and Deed Recording”