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The Pomp Podcast
#1328 Natalia Karayaneva | How Crypto Is Revolutionizing Real Estate
Mar 15, 2024
36:00
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Discussion on how blockchain technology is revolutionizing real estate transactions, introduction of PropyKeys for minting home addresses on blockchain, collaborations with Coinbase, benefits for homeowners and the real estate industry, and the innovative approach of enabling instant crypto loans secured by RWA NFTs.
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Quick takeaways
- Blockchain technology in real estate aims to address fraud and title issues, enhancing security and reducing transaction fees.
- Blockchain technology offers a secure and efficient solution for transferring property rights, streamlining transactions and improving accessibility in the real estate market.
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Blockchain Technology in Real Estate Market
Using blockchain technology in the real estate market aims to address challenges such as fraud and title issues in the $300 trillion industry. The digitalization of real estate has led to increased vulnerabilities to hacking and fraud, with title fraud accounting for significant losses. Blockchain's smart contract settlement can enhance security and affordability, reducing transaction fees and benefiting consumers.
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