Influence of Blockchain on real estate

Sibcoin
2 min readApr 23, 2018

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It’s no secret that the detachment can change, simplify and make transparent many processes related to the activities of banks, courts, even holding elections based on the blockade is a real challenge.

Today we would like to consider aspects of the real estate world that can be changed and improved with blockchain.

Multi-listing. Blockchain will allow you to analyze the real estate market, conduct analysis and comparison in real time. At the moment, it is extremely difficult to get a decent and accurate analysis due to the diversified bases and complexity of access to them (often it is necessary to recourse to specialists’ help, get an insider, etc.).

Blockchain provides reliable and up-to-date information about the right to property. Full synchronization and updating of information on property rights to real estate, as well as full online access, exclusion of substitution of information — the main advantages of working with the blockchain

Transactions. Blockchain will ensure high efficiency and complete security of transactions. It will be easy to make a decision about trust/mistrust of the transaction or the partner. Moreover, you will have all the information about transactions, financial status, and on the basis of a smart contract, you can create conditions for the transaction (in which, for example, the seller’s funds will be frozen until all the necessary conditions are met). It’s worth mentioning such advantages as fast and cheap transactions, total safety.

What other areas do you need blockchain in and what can it change? Discuss this topic in the Sibcoin community in Telegram (https://t.me/sibcoin_en).
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Sibcoin

Sibcoin - cryptocurrency, launched back in 2015. Its code is based on Dash blockchain improved by the project's specialists.