I am scared of real-estate, mainly due to the fact that same product can have a different buy/sell price with 5 different people
Price manipulation is unlikely. After all, each sale will be recorded in the blockchain, including price records. The agreements between the buyer and the seller are recorded in a Intelly smart contract. And the seller/developer has full trust and clear understanding about when and how many tokens will be transferred to their wallet at what milestones.
This is what I want to see finally in real-estate blockchain projects.
Up until now, I have not seen a sale transaction via blockchain between two parties regarding real-estate.
This is what we are waiting in real-estate industry. How the smart contract will change the real estate business?
There were real-estate focused blockchain projects before, but they haven't reached to the implementation stage.
We know that most people are hesitant to use this kind of service because it has not been proven to be efficient.
But theoretically, it seems simple but we need actual execution here so people will understand how blockchain will revolutionize real-estate industry.