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.
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