
Leaning In on Blockchain, Crypto, NFTs, the Metaverse and How It All Relates to Real Estate | Tom Ferry Podcast Experience
The Tom Ferry Podcast Experience
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What Is a Smart Contract?
Smart contract is not a purchase agreement. It's a code, self executing code. Mart contract can transfer the ownership from one wallet to another wallets without manya of people to be involved. There have been real state transactions done this way. The first one happened in two thousand 17 where we agreed with a government that whatever happens in the smart contract, they will respect it as an official real estate ownership transfer.
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