Smart Contracts and Real Estate: The Past, Present, and the Future

Smart Contracts and Real Estate: The Past, Present, and the Future

Very little has changed the last couple of decades when it comes to real estate practices. Buying and selling a home today is much like what it was fifty years ago. It’s more or less the same process as when our grandparents’ generations purchased and sold homes.

I agree that at the moment little has changed and I felt it on myself when I recently bought an apartment. But I hope that in the future (near future), it will all be much simpler and smart contracts will help us with this.

I also recently made a deal with an apartment abroad in Dubai with the help of https://korter.ae and felt all this on myself. I think that the purchase process as a whole needs to be modernized, which will contribute to smart contracts, tokenization, VR reviews and similar technology innovations