Real Estate Investor October 2022 | Page 169

What other benefits does blockchain offer real estate ?
What ’ s the deal with green real estate ?
making them publicly accessible and traceable .

What other benefits does blockchain offer real estate ?

Well , transferring real estate ownership in a fast , secure , transparent way is probably revolutionary on its own merit ! True to the promise of Web 3.0 technology , it ’ s a decentralized and very “ unbureaucratic ” way of doing business , and it has the potential to be the most secure method available on the market .

What ’ s the deal with green real estate ?

Few trends are as pervasive across industries as the increasing demand for sustainability . Green buildings play an important role for investors in this scenario and represent a global investment opportunity because they account for the largest share of the energy efficiency market . Real estate is evolving as a result of the need for sustainability , and thoughtfully implemented green rules in this field are increasing the appeal
DAO A Decentralized
Autonomous Organisation ( DAO ) is collectively owned by its members and is governed by them by formulating a set of rules which are codified in the form of smart contracts , contributing to the autonomous governance of the DAO . All decisions are made through
proposals and votes of the Token Holders .
ERC20
The abbreviation stands for Ethereum Request for
Comments . The ERC-20 is a technical standard used for some of the smart contracts on the
Ethereum blockchain . It contains a list of rules that all Ethereum-based
tokens must follow .
Exchange Contract
The Exchange Contract holds tokens that are
available to be traded on the market at a certain
time point .