Blockchain technology is used to maintain an ever-growing list of records across a network of computers. These transactions include anything, like the deposits/withdrawals or the records created when a property is purchased, or sold. What makes this technology unique from a regular database is that records are added permanently. In real estate, a verifiable record help parties to deal securely, who generally don't know each other. Many questions regarding true ownership of the property and if there are any claims against that property or not always strike. Having a clear history of the record is crucial, and using Blockchain enterprise development make the process efficient and effective. It is a costly & challenging investment initially but brings fruitful results.
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Blockchain is a Game-changing Technology for Real Estate Industry?
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