Blockchain and real estate. Standardized data about property
⛔️ The current global ecosystem consists of multiple isolated and disparate real estate information networks with little to no interoperability among them and other systems.
🔎 While access to data about property is essential for selling or renting, agents and firms have to struggle to access information about property through a range of domestic systems, as well as external services at the local, regional, national, and international levels.
🛡 Blockchain technology allows processing, exchanging, and controlling the data flow — thus, independent and even competing parties can share real estate information with each other without ever transferring ownership or control of their data to any central authority.
🔷 The use of Relictum Blockchain largely cuts financial costs and speeds up transactions.
➡️ Presentation of Relictum Blockchain and real estate market.