Investors’ notes about blockchain and property rent.

56% of investors are sure that blockchain technology will be involved in the transfer of the real property. Though blockchain is still not used in the field of real estate, 44% of investors declared they are aware of blockchain.

The investors who put their cash in the real estate expect that in the nearest four years the contracts on flat rents will be documented on the base of blockchain technology.

More than a half of all investors (56%) suppose that the blockchain will be fixed in the transactions. 31% of all respondents think this technology will be applicable in all business relations. Notarial and depositee services in the real estate world will be overwhelmed.

The advantages of blockchain technologies in the field of real estate.

Though blockchain cuts teeth in this field, 44% of respondents have only a moderate idea about this technology. Only 2% of investors are familiar with it.

The experts in real estate market field are sure that the main advantage of blockchain is its ability to speed up the processes of sale and purchase. That will be able to manage because the process of digital contracts exchange will be automated.

Moreover, blockchain has the potential of declining the transaction value in account of financial intermediary’s exception, to get rid of whom by any other method is impossible. Beyond that, blockchain will help to reduce the risk of fraud because all the transactions will be transparent.

The changes will touch not only the process of real estate’s purchase or sale, but also its rent. For example, AvailCom project will solve the number of problems that emerge in the process of property rent. Blockchain and the best practice of AvailCom team will help to automate the process of contracting and getting the keyless access to the property.