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RE: IS FUTURE TOKENIZATION OF PROPERTY MARKET something we should all be aware of?

in #blockchain5 years ago

This is actually one of those places where crypto can massively change the game. I've seen how buying and selling of property work and it's a nightmare. There are so many inefficiencies and it looks like almost nothing had changed from the colonial times except for some electronics.

Lots of people are going to hate this because lots of middlemen are going to be left dry and consumers are going to benefit a massive lot. It's going to involve more work than buying purely virtual assets such as @steemmonsters But the amount of costs spend on companies and lawyers can be saved which could easily free up at least tens of billions of USD for other tasks making the world a more efficient and therefore a better place.

BTW @crypto.piotr sent me :-)

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