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It‘s Not If the Real Estate Industry Will Adopt Blockchain, It‘s When |
Commentary by Chao Cheng-Shorland |
I'm often asked the blockchain "adoption" question by the media, those who follow technology trends and real estate professionals. Given that real estate is the largest commodity in the world, with an estimated $217 trillion valuation, it's still amazing to me that the industry is only now taking blockchain seriously. On the other hand, massive, complex and slow-moving industries like real estate are rarely innovation leaders, especially with regard to technology. But once they do adopt a technology—watch out. That's when platforms truly take off. Cloud computing is an obvious example. At the outset of 2019, I see blockchain gaining strong momentum in the real estate industry. ...
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