Blockchain Real Estate

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Ragnar Lifthrasir @ragnarly Blockchain Real Estate

Transcript of Blockchain Real Estate

Page 1: Blockchain Real Estate

Ragnar Lifthrasir

@ragnarly

Blockchain Real Estate

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BLOCKCHAINYES

Trade digital asset without risk of asset duplication (double spending)Trade asset P2P, without 3rd party permission or involvementCreate immutable public ledger / record

NO❌Store documents❌Digitally sign❌Editable database

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RE Pain Points Illiquid conveyance Slow price discovery Opaque due diligence Weak data integrity, security, accessibility

Transaction costs Siloed / inaccessible data Non-interoperable or proprietary software

Legal inconsistencies Fraud

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Fragmentation + Centralization

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Unity + Decentralization

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CHALLENGESREAL ESTATE INDUSTRY

3rd Parties vs PrincipalsLack of knowledge

THE TECHNOLOGY

Understanding HOW tech solves solves a specific problemJudging blockchains

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1 Bitcoin Blockchain After 8 Years

Block 1

Block 2

Block 3

Block 446,900

January 2009

January 2017

8 Years

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2 Ethereum Blockchains After 1 Year

Block 1

Block 2

Block 3

Block 1,920,000

Block1,920,001

Block1,920,001

July 2015

July 2016

1 Year

Block1,920,002

Block1,920,002

Ethereum (ETC)

Ethereum (ETH)

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WHAT CAN YOU DO? JOINInternational Blockchain Real Estate Association: ibtcrea.org• Slack• LinkedIn

DOPlay with bitcoins + blockchain.infoAttend IBREA meetups or conference

READ “Mastering Bitcoin” by AntonopoulosIBREA LibraryMy upcoming white paper : )

DON’T❌Underestimate importance of decentralization, hashing power, & immutability!