World state blockchain projects in the field of real estate

You undoubtedly know that despite the fact that the society is far from the full adoption of blockchain technologies, their implementation is far beyond the highly advertised monetary transactions. Many fields of activity use them more often – logistics, purchase of goods and services, insurance, contracts and contracts, protection of intellectual and other property rights, etc.

In addition, according to the official report “Distributed Ledger Technology: beyond blockchain”, prepared by the Department of science of the UK government in 2016, blockchain and other distributed Ledger technologies are called a breakthrough invention, comparable to steam engines and the Magna Carta!

According to the Coindesk last year’s report, technical innovations of a new level will undoubtedly benefit the real estate market, simplifying: the conclusion of transactions on the one hand and increasing their security on the other, the search for investors, as well as the investment segment and the threshold of entry into this market.

The governments of various countries have already paid attention to this truly revolutionary technology, including the real estate sector. For example, in the summer of 2017, the government of Japan, known to be the one of the leading countries in the field of technology, officially announced the integration of blockchain into real estate registers.

Then, in December 2017 Georgia made a step for implementation of the Registry of property on the basis of the blockchain technology.

As of the end of 2018 – beginning of 2019, active projects are also known for the transfer of registers to a new way of maintaining in such countries as Sweden, Ukraine, Canada, Greece, UAE, Russia, Georgia, Ghana.

For example, in the latter country, the register was lost in a very tragic way – during the earthquake, the very first collapsed building was the one in which the archives of records of real estate rights had been stored. The project to restore the registry took several years, but it was not possible to restore all the data completely!

It is also known that several municipalities in the US have already started pilot projects to explore the benefits of the blockchain for land registration and documents transfer.

In Canada, the government, in turn, is launching a trial program to explore the use of blockchain to make public funding more transparent. If successful, the canadian government could consider using technology to Finance the real estate market in Canada.

Public interest in new real estate projects is steadily growing. Do not miss your chance – use and enjoy the convenient services to search and hire specialists in the real estate field!  Join the innovative real estate platform today, become a partner and get 50 BREM tokens ($50 equivalent) to your account to pay for the services! The general technical partner of the platform is TDI company.

We also draw your attention to the fact that when you register as a platform partner at the moment, you receive 50 BREM tokens (an equivalent of $50) to use the platform services. Do keep in mind that from March 2019, this amount will be reduced twice.

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