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Block by block: Blockchain technology is transforming the real estate market

2022.07.23 02:38

Block by block: Blockchain technology is transforming the real estate market
Block by block: Blockchain technology is transforming the real estate market

Property is the worlds single largest store of wealth, and if the cryptocurrency and blockchain world is seeking an express route to mass adoption, it could do worse than partnering with the real estate industry.

According to a September 2021 report by Savills World Research, the estimated value of all the worlds real estate stands at $326.5 trillion. By comparison, crypto-sector market capitalization was about $1 trillion in mid-July.

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