Real Estate blockchain?? | Bitcointalksearch.org

afk891

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Quote from: choubao0514 on March 12, 2018, 10:43:01 AM

Quote from: ohlawdy on March 12, 2018, 10:20:02 AM

I have seen iCO's claiming to do this for years , and nobody even came close.
I think blockchain can be useful for the real estate market , but it isn't so easy to enter the market.
A lot of rich people hold a position and won't be so quick to give it up, so i think we won't see it happening for a couple of years.

I also like the idea of real estate market, but I think they will not be reached easily since it is very hard technically and I think there will be a long way to go, Let us wait for that in the future.

yes, tho there a lot of promising project i've spotted recently, hopefully they can disrupt this field. It's an interesting field to be backed by blockchain.

Spazzer

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I love technology.

Yes, it will help the real estate industry alot. Projects like Keep.network will help it even more by giving cross-blockchain and bridging the connecting between users. It ads a lot of authenticity to the sale of real estate itself.

afk891

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Quote from: disconnectme on March 12, 2018, 09:19:24 AM

I think all these real estate projects using blockchains are just riding the hype, most of them have been able to raise significant amount of money from the space and have failed to deliver any thing worth it for the investors. I don't think real estate and blockchain technology can miss

yes! from what I have researched on mostly doesn't have MVPs or failed to produce their MVPs in their promised schedules. It's one of the factor to consider to spot a good blockchain backed project.

tenakha

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Real estate projects are dangerous in this business model. I still cant remember good real estate ICOs which completed succesfully or reached hard cap before end of ICO time. Atlant ico was promising but unfortunately in that time there was a bear market which doesnt let ICOs to keep collecting big amounts.

afk891

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Quote from: paderobin on March 12, 2018, 07:40:10 AM

I'm currently looking at Genesis and it seems to be tackling real estate on blockchain well enough. Plus some credible backers behind the project too

I'll look into this. thanks man!

afk891

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Quote from: goaldigger on March 12, 2018, 06:11:39 AM

The idea of using blockchain on real estate are on point. The fees and charges on the middleman will be lessen because they dont be needed anymore. The only problem is that they will loose their job. The security and accuracy of data is somehow increases. All information will be opened on a single time. Real estates need this one.

Well people is also loosing their job because of the advancement of technology esp. AI. yes, it's security and accuracy of data is one of the important aspect in real estate. read in the whitepaper of AQwire, one of the main problem for real estate is the double booking for the property being sold.

afk891

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Quote from: ahoenk on March 12, 2018, 05:06:36 AM

Depend on which real estate bussines you mean by your question. If what you mean is rent of property it could solve high fees in rental real estate. I think the most developed project for it is atlant and also we have bee token which will be used for renting properties. But project for renting real estate looked like need more time to grow compare to any other project.

I agree that it needs more time to grow. It's an new field to disrupt. Lot of opportunities tho.

puremage111

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Quote from: afk891 on March 11, 2018, 09:00:33 PM

does blockchain helpful in real estate business? thoughts on this?

Yes, it will Indeed help the Real estate industry alot
I would say as long as whoever's Real estate investment firm started to pick up the blockchain tech or implement their system or platform with blockchain, they will get the first mover advantage

Why is Blockchain good on Real Estate?
- No more document falsification
- No more hidden terms or false accusation on real estate acquisition
- Lower Fees i assume, cut down alot middle man

bigcash2011

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Yes bro there are already a lot of working blockchain based real estate projects and platforms, you can have a look at propy, real, atlant, genesis, smart re and many more, most of them are still under development, i think propy is already launched with its platform already. Many more real estate based projects are coming too.

choubao0514

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Quote from: ohlawdy on March 12, 2018, 10:20:02 AM

I have seen iCO's claiming to do this for years , and nobody even came close.
I think blockchain can be useful for the real estate market , but it isn't so easy to enter the market.
A lot of rich people hold a position and won't be so quick to give it up, so i think we won't see it happening for a couple of years.

I also like the idea of real estate market, but I think they will not be reached easily since it is very hard technically and I think there will be a long way to go, Let us wait for that in the future.

ohlawdy

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- "Bitcore (BTX) - The Future is Now"

I have seen iCO's claiming to do this for years , and nobody even came close.
I think blockchain can be useful for the real estate market , but it isn't so easy to enter the market.
A lot of rich people hold a position and won't be so quick to give it up, so i think we won't see it happening for a couple of years.

disconnectme

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I think all these real estate projects using blockchains are just riding the hype, most of them have been able to raise significant amount of money from the space and have failed to deliver any thing worth it for the investors. I don't think real estate and blockchain technology can miss

BLTC

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Real Estate are big tickets and putting this in blockchain or creating a coin for this is something that is challenging. But definitely it is possible but it need a lot of regulation. Good luck to this sector. Hope it will be successful.

lucario21

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With help of blockchain any transaction made become more faster and easier we all know that in real estate there's alot of procedure and requirements to be accomplished, and it generates excessive expenses. With that reason it would be wise for real estate company to apply this technology as their transaction based proceedings. It would benefit for both parties.

withche.07

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Blockchain with solar energy

I saw couple of projects seeking to do this but I am very skeptical. Legal issues would be greater as it will be hard to make people accept using coins as transactions for valuable thing like real estates.. My guess.

paderobin

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I'm currently looking at Genesis and it seems to be tackling real estate on blockchain well enough. Plus some credible backers behind the project too

goaldigger

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The idea of using blockchain on real estate are on point. The fees and charges on the middleman will be lessen because they dont be needed anymore. The only problem is that they will loose their job. The security and accuracy of data is somehow increases. All information will be opened on a single time. Real estates need this one.

Manyara

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There is also Real Property Token.
https://www.rptoken.io/

ahoenk

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Depend on which real estate bussines you mean by your question. If what you mean is rent of property it could solve high fees in rental real estate. I think the most developed project for it is atlant and also we have bee token which will be used for renting properties. But project for renting real estate looked like need more time to grow compare to any other project.

limmousine

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propy, rex, atlant and primalbase are some examples of real estate projects. there are many more real estate projects to come, see this.
property coin https://bitcointalksearch.org/topic/m.30092047
domous coin https://bitcointalksearch.org/topic/annicobounty-domuscoins-ico-coin-backed-by-real-estate-properties-2947691
this is not a recommendation, but I only share information.

afk891

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Quote from: kaya11 on March 12, 2018, 12:29:05 AM

Quote from: Dragonrage201 on March 11, 2018, 11:19:31 PM

A real estate transaction involves many middlemen that blockchain can eliminate. There has been
one real estate transaction done using Propy's platform in Vermont state recently. Google to read its details.

That is one of the most useful things in using blockchain, lessening the unwanted fees and payments of the middleman for a certain property to be sold. There also a lot real estate that are utilizing blockchain now and maybe you could state the difference from their project as well as their team and roadmaps.

yep, finished reading the whitepaper of Propy. It's like ebay but designed especially for real estate. The transaction for buying and selling properties are easier and hassle free to the parties involved. reducing unwanted middlemen makes it easier and the transaction is much faster. I also read an interesting ICO, AQwire. according to their whitepaper they claim that the buyer can have a discount of the property of 10%- 30% due to reducing middlemen.

LeoEspansq

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Quote from: afk891 on March 11, 2018, 09:00:33 PM

does blockchain helpful in real estate business? thoughts on this?

Will do useful, rather so. After all, now no agency concludes transactions on the basis of crypto-currencies, which are still not clear how to officially conduct. But between the participants, I heard a couple of transactions such really were, but the consequences are unknown. So you need a settlement.

kaya11

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SOL.BIOKRIPT.COM

Quote from: Dragonrage201 on March 11, 2018, 11:19:31 PM

A real estate transaction involves many middlemen that blockchain can eliminate. There has been
one real estate transaction done using Propy's platform in Vermont state recently. Google to read its details.

That is one of the most useful things in using blockchain, lessening the unwanted fees and payments of the middleman for a certain property to be sold. There also a lot real estate that are utilizing blockchain now and maybe you could state the difference from their project as well as their team and roadmaps.

Teraboy

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Quote from: Dragonrage201 on March 11, 2018, 11:19:31 PM

A real estate transaction involves many middlemen that blockchain can eliminate. There has been
one real estate transaction done using Propy's platform in Vermont state recently. Google to read its details.

The only possible thing from blockchain to remove the middle mans. Blockchain is about the automation based on the distributed ledger system. I see another real estate project just like REX. It looks like propy has built a working platform. The blockchain will help real estate transaction to increase its speed and transparance in the transaction process. In the conclusion blockchain gives so many impact to the real estate market.

Dragonrage201

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A real estate transaction involves many middlemen that blockchain can eliminate. There has been
one real estate transaction done using Propy's platform in Vermont state recently. Google to read its details.

creepyjas

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Hi, you can get some ideas by searching on ICO’s that offered real estate. Try to look on PROPY’s white paper. It is a real estate type of business powered by blockchain. There are also other real estate project that has successful ICO. Hope that you get some answers by looking on their white paper and after ICO reviews.

AltCoinMarketing

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A lot of businesses trying to get into this space. New term coming called IDO for Initial Deed Offering.

afk891

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does blockchain helpful in real estate business? thoughts on this?

Topic: Real Estate blockchain?? (Read 247 times)