How does blockchain technology increase transparency in real estate?
Blockchain technology provides a transparent, immutable ledger for real estate transactions. Once a property is tokenized, ownership records, transaction history, and rental agreements are securely recorded on the blockchain. This ensures that all information is publicly verifiable and cannot be altered, reducing the risk of fraud. Blockchain's transparency also allows investors to track the history of a property, its ownership transfers, and any financial transactions associated with it. This high level of visibility provides greater trust for both buyers and sellers, contributing to a more secure and efficient real estate market.
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