From Realtor.com, Look to Blockchain Technology If Want You to Buy or Sell a Home

Want to Buy or Sell a Home for Less? Look to Blockchain Technology

Are you aware that the digital technology that made bitcoin and other cryptocurrencies possible is starting to be used in real estate—and it could soon disrupt how homes are bought, sold, and insured.

Blockchain technology, which is basically a cyphered shared, online ledger, has the potential to lessen inspection and title insurance fees, cut down on sales commissions, and reduce mortgage fraud as it's rolled out over the next few years, say industry professionals.