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Binit shrestha

Believe in yourself • 1y

Kirill Bensonoff, co-founder of New Silver, highlights how blockchain technology is revolutionizing real estate through smart contracts and tokenization. Smart contracts automate and speed up transactions like property transfers by executing predefined conditions, while tokenization turns physical assets into digital tokens, increasing liquidity by allowing fractional ownership. Blockchain is enhancing the industry by streamlining financing, improving asset management, simplifying property management, expediting land registry processes, and optimizing construction and development projects. These advancements make real estate transactions faster, more transparent, and more efficient. Read the original article from:

https://www.inc.com/entrepreneurs-organization/how-blockchain-technology-is-shaping-future-of-real-estate.html

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