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| Property ownership blockchain | Although a blocktitle system does not solve every issue currently faced in land-title management, it does promise a level of transparency, accuracy, and efficiency not yet attained by systems today. Perhaps most conveniently, a blocktitle system is transparent and easily searchable � there would no longer be the need for tedious research to discover whether the property is subject to any liens, easements, or covenants. Blockchain can change real estate transactions by streamlining the process, reducing the need for intermediaries, increasing transparency, and improving the speed and accuracy of title transfers and payments. As more professionals and investors recognize the potential benefits of blockchain technology in real estate transactions , there is an increasing demand for educational resources and training programs that can help individuals understand how to effectively utilize blockchain in the industry. Blockchain, the software that makes cryptocurrency possible, is a self-verifying digital ledger that offers solutions to many of the problems inherent in traditional title systems. |
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