Real Estate & the Blockchain: Overview of 4th Year of Major Business Conference. 1.5% of all ICO Money Has Entered the Real Estate Sector.

in #blockchain7 years ago

IBREA review:

The 4th annual International Blockchain Real Estate Association (IBREA) conference took place recently.

IBREA now has 3,000+ members in 17 countries. 1.5% of money ($35m) raised across all ICOs has gone into the Real Estate sector.

The major topic of discussion was transferring registries onto the blockchain.

In Brazil 70% of land is not titled and it can cost between $5-10k per title registry. The inefficiency of registries means that it can take months to complete a sale and the instability of property rights is a root cause of underdevelopment, hindering citizens from acquiring loans and the government from collecting property tax.

IBREA is lobbying for the wider acceptance of the digital transfer of assets using blockchain based tokens: companies currently operating in this space include REIDAO, Propy and Blocksquare.


Thanks for reading, have a nice day.


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Hello @barrydutton, I was impressed to get information about Blockchains and Real Estate. I'd like to look forward to be a part of the project. Thabks for giving me your useful information. Have a nixe day. Regards from Indonesia.

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Very useful information

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Thanks for sharing. I am performing a research paper on the effect that blockchain technology will have on the real estate industry so I may be reaching out to you for more insight!

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