Uploaded on Nov 19, 2019
Blockchain use case in the real estate industry is helpful to increase productivity. This sector has a huge contribution to economic growth and India's real estate sector is set to reach the US $1 trillion by 2025 which allows brokers to have more control over their data along with and increased trust.
Blockchain Use Case in Real Estate Industry - iFour Technolab Pvt. Ltd.
https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE Blockchain in Real Estate This sector has huge contribution in economic growth India’s real estate sector is set to reach US $1 trillion by 2025 Real Estate is a $217 trillion global industry that is more than fifty percent residential properties Allows brokers to have more control over their data, along with increased trust, as listings would be more freely accessible https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE Blockchain in Real Estate DTheilso istetec tsourr hveays houf g3e0 8c oenxtercibuutitvioens ,i n3 6e cpoenrcoemnitc ogfr roewstphondents perceive efficiencies (lower costs/greater speed) DInidgiata’sl irdeeanl teitsyt awteit hs ercetsopre icst steot at or eraela echst aUtSe $p1r otpriellriotyn wboyu 2ld0 2im5 ply a digital identifier that consolidates information SRmeaal rEt sctoantetr aisc tas $c2a1n7 a tdrdillrieosns g mloabnayl ionfd tuhset rcyh tahllaetn igs ems oarses othcaiant efidft wy ipthe rpcreonpte rretsyi daenndt icaal sh flow mpraonpaegrteiemsent BAlloloqwhso ubsroek heors ttso a h balvoec kmcohraein c opnlattrfoolr omv,e ur ttihlizeeird d bayt ar,e allo ensgt awteit hto i ndcigreitaizse db otrnudsst,, ashs ares, or cliestritnifigcsa wteosu flodr b leiq muidoirtey fpreuerplyo saecscessible https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE Use Case 1: Decentralized Digitized Records Decentralized identities enable anyone to prove ownership of properties while making essential documents Benefits: Speed up transfer execution and reduce overall transaction time Blockchain also makes digital records less susceptible to frauds and manipulation Documents remain tamper-proof A robust land registration system Immediately removes the threat of losing, destroying or damage of records Initiatives: Lantmateriet - along with banks and industry players have a fully-functioning blockchain-based digital land register platform https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE UUssee CCaassee 21:: IDdencteincatrla Rliezceodr dDsig Aitcirzoesds RMeuclotirpdlse Stakeholders DTheec elendtrgaelirz ehdo liddse anltli ttihees deantaab laen adn kyeoenpes tiot upnroifvoerm ow ancerorshs itph oef properties while making platform Benefits: Sptaekeedh uopld etrrasn rsefmera einx ehcounteiosnt and trheed upcreo coevsesr arellm traainsa tcrtainosnp taimreent BSalovceksc htiamine ablys on mota hkaevsi ndgig titoa rl erpeecoartd tsh ele sas msues pceropcteibdleu rteo frauds and manipulation DUopcduamtinegn ttsh ere imnfaoirnm tatmiopne irn-p rreoaolf-time AR erdoubcuesst ltahned p rreogciesstrsaintigo nti msyes tneemeded to give approvals IRmemgisetdriaattieolny mreamnoavgesm tehnet tshyrsetaetm o fw loitshi nag l,o dweesrt rwoyoirnkglo oard damage of records Initiatives: LTealniatm, Cahterorimeta -W aaloy,n Lga wnittmh äbtaenrikest ,a anndd i nKdauirsotsr yF uptlauyre—rsd higaivtiez ian gfu tlhlye- fiudnecnttiiotnyi nogf ibnldoicvkidcuhalisn,- boargsaendi zdaigtiiotanls l,a anndd raesgsiestser platform https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE Usse Caasse 32:: SIdtaendtiacradl iRzedc oMrduslt iApclero Sses aMrcuhlt iLpilset iSntgask oefh Porldoepresrty ETnhaeb lleeddg reera hl oelsdtsa taell stehcet odra tca na nmda kee tphse i td uantaif omrmor ea carcocsess sthibel ep laantfdo srmtandardized by providing Multiple Search Listing Benefits: Benefits: Stakeholders remain honest and the process remains transparent Users can have more accessible data at lower costs Saves time by not having to repeat the same procedure Users can compare properties of the same localities Updating the information in real-time Gain any kind of information related to any property Reduces the processing time needed to give approvals Users make a clear concise decision based on all the information available Registration management system with a lower workload Initiatives: IniRteiax tMivLeSs h:as started testing the technology for property listings https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE Use Case 3: StaUndsea rCdaizseed 4 M: uPlrtoipler tSye Taorckehn Lsistings of Property EOnnaeb plerdo preratly e csatant eb es edcivtoidre cda nin mtoa tkoek ethnes admatoan mg omreu laticpcles sstiabkle haonld esrtsa,n mdaurcdhiz leikde b syt opcrkosv iodnin g Mexuclthiapnleg Seesarch Listing BBeenneefifittss:: Sellers can sell the shares that they are comfortable with Users can have more accessible data at lower costs Property shares can be used as securities against which they can Ugeset ras lcoaann compare properties of the same localities Property owner can offer digital tokens that represent a share of their Gpraoipne arntyy kind of information related to any property Track investments, with each transaction being time-stamped and iUmsemrus tmabalkee a clear concise decision based on all the information available Initiatives: RAeTxL AMNLTS -h haass s dtaervteldo ptesdt itnhge itrh oew tenc shenlfo-nloagmy efodr p plarotfpoerrmty f olisr ttihneg stokenization of real estate https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE UUssee C Caassee 5 4: :F iPnraonpceirntgy Taonkde nPasyments Systems EOxneec uptreo paenr itmy mcaunt abbel ed isvmidaerdt cinotnot rtaockte-nbsa saemdo lnogan m duolctiupmlee sntta,k feuhlloyl daecrcse,s msiubcleh bliyk ea lsl tloecgkasl poanr ties ienxvcohlvaendges Benefits: TSrealnlesrasc ctiaon s etoll tbhee s sehcaurres, qthuaict kt,h aenyd a lroew c omfortable with cost CProompepretlyli nsgh aprreosp coasint iobne cuosemdp asre sde ctou rtihtie sh iaggha inst which they can fgeeets a loan Paroypmeertnyt opwlantfeorr mca nfo or fftrearn dsifgeirtrainl tgo mkeonnse tyh at represent a share of their gplrobpaelrlyty STrpaecekd iinvge usptm theen tms, owrtitgha geea cahp tprraonvsaal ction being time-stamped and pimromceustasble Initiatives: SAhTeLlAteNrTZ -o ohmas -d ies vae lsotpaertdu pth aeiimr oinwgn t ose sltf-rneaammelidn ep lraetafol ermst afoter tthraen tsoakcetnioiznast iboyn pouft rteinagl easllt athtee processes on the Ethereum blockchain https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE What we offer? Custom Blockchain mobile and software Blockchain Consulting Cryptocurrency (ICO) https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE What we offer? CDuAsptpo m Blockchain mobile and Development BHlyopcekrclheadigne Cr oSnesrvuilctieng CSmryaprtto cCuornrternacyt D(ICevOe)lopment https://www.ifourtechnolab.com/blockchain-technology USE CASES IN REAL ESTATE Contact Us [email protected] Follow Us : https://www.ifourtechnolab.com/blockchain-technology
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