Blockchain and commercial real estate markets |
Blockchain has been around for more than a decade and it undoubtedly comes with tremendous potential to change the way we conduct businesses.
One of those changes is the ongoing transformation in the commercial real estate market, which creates both opportunities and challenges for retail investors — nonprofessional individuals with smaller available funds to invest.
So, what is the impact of blockchain technology on the commercial real estate market? And ultimately, how can retail investors benefit from such rapid changes?
In a nutshell, blockchain is another method to record data. As the term indicates, blockchain stores information in blocks that are tied together in chronological order.
By design, these recorded data are immutable and/or irreversible.