How blockchain is shaking up commercial real estate

by David Israelson

“It’s not as complicated as it seems, Mr. Koparde says. ‘Technology addresses a few challenges that exist in real estate,’ he explains. ‘One is [that it] provides a digital platform that can let people invest in property in the same way as they do in stocks and funds.’

A new way of raising commercial property finance, investors will, for example, be able to click “buy” on their smartphones to purchase a percentage of a planned new office complex without having to sign a stack of contracts and real estate documents.”

Source: https://www.theglobeandmail.com/business/industry-news/property-report/article-how-blockchain-is-affecting-the-commercial-real-estate-sector/

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