Real Estate Investor October 2022 | Page 166

How can blockchain transform the real estate industry ?
BLOCKCHAIN

At REI Media we try to keep abreast of technological advances but I ’ ll be the first to admit that I ’ m a little fuzzy when it comes to blockchain technology . I know it ' s important and it will play an increasingly essential role in the future , but the word always reminded me of the line from the great American poet , Will Ferrel : no one knows what it means , but it ' s provocative - it gets people going .

Fortunately , that is not true . One person who knows exactly what Blockchain technology means , how it works , and how it is set to open endless opportunities for investing in green real estate , is
Farbod Sadeghian founder of real estate technology company Qlindo . Even more fortuitous is that REI media had the chance to sit Farbod for an exclusive interview and hear why Blockchain technology has many advantages for the real estate industry , especially when it comes to investing in green real estate .

How can blockchain transform the real estate industry ?

Blockchain technology connects buyers and sellers in entirely new ways , cutting middle-men out and thus helping both parties save on fees , commissions , and streamline the process . Due to the traceability and transparency of a