For real estate, blockchain could unshackle investment

A blockchain industry alliance has released a guide and list of use cases for deploying the technology to enable, among other things, the purchase of fractions of real estate property as digital securities on an open marketplace.

The Enterprise Ethereum Alliance (EEA) used its 30-page Real Estate Use Case document to promote blockchain as a more open, transparent and traceable method of transacting in the multi-trillion dollar realty industry. The document was created by the EEA’s Real Estate Special Interest Group (SIG), which was created a year ago and has already garnered more than 50 member companies.

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Source: Computer World