Thursday, 12 January 2017

Blockchain for Property in 2017

(c) https://unsplash.com/@mikezo

The development of Blockchain-based applications will be a main focal point in the PropTech field. At the heart of the development is are Smart Contracts as the hinge of other processes including FinTech and LegalTech approaches.

The purpose of this blog will be to provide contributions to the discussion and supporting the development of actionable building blocks to a Blockchain-based concept for the Operational Phase of a property or property portfolios.

The legal side of rental contracts will be one of the biggest obstacles in the traditionally tenant friendly German legal system. With more options for legal adjustments, commercial rental contracts will be the natural starting point and from a managing point of view, a completely vacant or new property would be ideal as a prototype.

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