Why 2016 May Be a Year of Real Estate on a Bitcoin Blockchain

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Ragnar Lifthrasir is a genuine estate fintech businessman and President of a International Bitcoin Real Estate Association. He is intensely meddlesome in a thought of regulating a Bitcoin blockchain to boost altogether potency in a genuine estate industry, and he’ll be deliberating this subject during a arriving Blockchain Agenda Conference in San Diego.

[Read More: Mycelium’s Dmitry Murashchik: All Assets and Identities on a Blockchain Within 10 Years]

Lifthrasir recently common some of his thoughts on Bitcoin’s destiny purpose in genuine estate with Inside Bitcoins. In short, he believes that a blockchain will offer many improvements over normal options for record gripping in a genuine estate industry.

The Blockchain Can Save a Real Estate Industry Significant Amounts of Money

When deliberating a advantages of a Bitcoin blockchain for skill pretension management, Ragnar Lifthrasir was discerning to indicate out a stream costs compared with title insurance and pretension fraud:

“Putting skill titles on a Bitcoin blockchain will move a genuine estate attention out of a existent 18th century technology. Title word is a $20 billion industry. It’s estimated that a sum annual cost of fighting and solution pretension rascal is $1 billion.”

Lifthrasir also remarkable how easy it is for a criminal

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