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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Introducing XPhone, Blockchain-Powered Phone in Rwanda

Pundi X, a Singapore-based company operating in the fields of cryptocurrency, launched XPhone, a blockchain-powered smartphone in Kigali, Rwanda. XPhone, claimed to be the first smartphone in the continent powered by blockchain technology, was unveiled at the GSMA Mobile 360 Africa.”

Source: https://bit.ly/2YamvEv

Apparently, blockchain technology has more applications that cryptocurrencies. And I suspect that this interesting development is just the first of many. Curious to know why this Singapore-based company chose to launch in Rwanda and how Rwanda is benefiting from the deal. Perhaps African American tech companies and entrepreneurs might consider exploring Rwanda and other African nations for mutually beneficial relationships.

#afrofuturism #blackmusic #blackjesus #blackentrepreneur #blackfuturist #xnubiaphi #afrophysicist #afronaut #afroscientist #afrochemist #afrobotanist #afrotechnology #afroexplorer #afrohorticulturist #blackgenius #blackengineers #NSBE #afroengineers #blacktothefuture #darkmatter #darkscience #theblackvote #afropoliticians #blacksciencefiction #blackspeculativearts #blackownedbanks #blackblueprint #afrofuturistagenda