Skip to content
Menu
Justin Ball
  • About
  • Privacy Policy
Justin Ball
BlockchainPropertyAndRealEstate.jpg

BYU Blockchain Summit – Property and Real Estate

Posted on February 16, 2018November 1, 2021

Property and Real Estate

Some counties have begun to utilize blockchain to record title transfer, but it’s still a couple of years away.

Blockchain will appear earlier in the real estate world to help generate a protfolio to generate more granular recording of all the components inovolved in a real estate asset especially in the operation of commerical real estate.

Challenges of bringing the Real Estate Industry together

  • 1.2 million realtors hundreds of thousands of others
  • Half of brokers in US are independent, small organizations
  • Barriers to entry to become a realtor are not very high
  • Took 10 years to get 800 MLS systems around the country to work together
  • 3000 counties in the United States where recording takes places

Desoto Inc is focused on title and proparty in emerging countries. In those areas property ownership may not have been. How does blockchain provide a solution to recording ownership in the developing world. 3 main things:

  • Breaking down siloed information. The abilty to have a shared database that everyone can see breaks down barriers between pockets of
  • Transactions. More effecient, frictionless transactions.
  • Blockchain provides a way to uniquely represent an asset so that ownership can be asserted.

Integra Ledger wants to use blockchain as a trust layer and data integrity layer. Real Estate is an ocean of legal documents. They want to blockchain real estate meta data – identity as well management of physical assets. They don’t want to change behavior or software instead they want to add an additional layer to the existing software ecosystem to bring a layer of integrity.
There are many actors in the real estate ecosystem – owners, suppliers managers. The distributed, trusted nature of a blockchain ledger let’s all participants access and trust data.

Overcome Obstacles for first time home buyers

In urban areas it’s becoming more difficult (expensive) to affort down payments. National association of realtors is looking at tokenizing the down payment to allow investors to participate in the down payment on a home and then allow investors to paricipate in the appreciation of the asset.

Event models – break down the real estate asset into more granular pieces so that the property could display asspects of itself on demand to permit 3rd parties access to information about that property. “Carfax for Real Estate”. This brings down the risk profile for lenders.

Realtors will survive as information and trust agents that provide guidance through the process where the role of the broker is more limited. Agents will need to increase the volume of transations to maintain their level of income.

</p>Tokenization of real estate will mean the democratization in investment of in real estate. Every income producing property on earth could be tokenized to allow for small investors to make investments in commercial property bringing a large number of of new investment opportunities.
“Globalization of real estate investment”
</p>

Leave a Reply Cancel reply

You must be logged in to post a comment.

Recent Posts

  • Around and Back to WordPress
  • Last Lagoon (This Year)
  • Logan Sunset
  • Grami Del
  • FanX (and Lagoon)

Recent Comments

  1. jquery ajax readystate 0 responsetext status 0 statustext error – w3toppers.com on jqXHR Returning Readystate 0 and Status 0?
  2. Change MySQL default character set to UTF-8 in my.cnf? on Upgrade to MySQL 5.5.12 and now MySQL won’t start
  3. Around and Back to WordPress – Justin Ball on Gatsby 2.0 and Forestry
  4. More Stuff You Shouldn’t Hit on a Bike – Justin Ball on Why Cyclists Shave Their Legs. The Most Disgusting Post I Will Ever Make
  5. First Real Ride on the New Trek Madone 6.9 – Justin Ball on Rode Blacksmith Fork Canyon Tonight

Archives

  • November 2021
  • October 2021
  • September 2021
  • January 2020
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • February 2017
  • November 2016
  • September 2016
  • August 2016
  • May 2016
  • March 2016
  • February 2016
  • November 2015
  • September 2015
  • June 2015
  • May 2015
  • February 2015
  • January 2015
  • October 2014
  • September 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • October 2013
  • September 2013
  • August 2013
  • June 2013
  • May 2013
  • April 2013
  • February 2013
  • January 2013
  • December 2012
  • October 2012
  • September 2012
  • June 2012
  • January 2012
  • December 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • December 2005
  • November 2005
  • October 2005
  • September 2005

Categories

  • 2.3.2
  • 3g
  • 3tera
  • 420
  • 51weeks
  • 64bit
  • accessibility
  • ActionView::MissingTemplate
  • activemerchant
  • ActiveRecord
  • activesalesforce
  • acts as taggable
  • acts_as_facebook_user
  • acts_as_nested_set
  • acts_as_state_machine
  • advertising
  • Affiliate Marketing
  • air quality
  • ajax
  • Alyssa
  • ama
  • amazon
  • amazon s3
  • amazon wishlist
  • amazon.com
  • ancestry
  • animal cookies
  • antshares
  • apache
  • API
  • apis
  • apollo
  • apollo client
  • apple
  • Apple Store
  • Apple Time Capsule
  • application
  • applications
  • Art
  • ASP.Net
  • assert_sent_email
  • asyncronous processing
  • Atomic Jolt
  • Aubrey
  • Authentication
  • authorize.net
  • Autumn
  • babelphish
  • back problems
  • backbone.js
  • backup software
  • backups
  • bacon
  • Battlestar Galactica
  • big companies
  • birthday.
  • bitcoin
  • black cherry vanilla coke
  • Black Smith Fork Canyon
  • blockchain
  • blog
  • Blogging
  • bluehost
  • books
  • BoomStartup
  • bread
  • buddypress
  • bug
  • bugs
  • business
  • business. mother's animal cookies
  • cache county
  • cache valley
  • California
  • Cancun
  • canvas
  • capistrano
  • Catholic Church
  • cereal
  • chauvet obey 40
  • checkbox list
  • checkboxes
  • chess
  • Chicago
  • china
  • chocolate
  • Christmas
  • Chrome
  • church
  • Cinderella
  • Cisco
  • cloud computing
  • cms
  • code generation
  • code sprint
  • coke
  • Comcast
  • commerce
  • Common Lisp
  • communities
  • Community
  • complex
  • Computers
  • conference
  • conference software
  • configuration
  • consulting
  • cookies
  • cooking
  • COSL
  • cosmos
  • count
  • courts
  • cows
  • create
  • creative commons
  • cryptocurrencies
  • cryptography
  • css animations
  • cucumber
  • currency
  • Cycling
  • database
  • dataloader
  • date
  • death
  • death ray
  • debugging
  • decentralized applications
  • dell dimension 8400
  • democray
  • deployment
  • developing
  • development
  • Devin
  • diet
  • digg
  • Digital Ocean
  • digital-photography
  • disease
  • disguise
  • disgusting
  • disney
  • disneyland
  • DiSo
  • disposable
  • DMX
  • Docker
  • domain name
  • domains
  • doom
  • dr strangelove
  • driving
  • Dryers
  • DVI
  • ec2
  • economics
  • economy
  • ecto
  • edge rails
  • Education
  • EFF
  • Egypt
  • ElasticSearch
  • elastra
  • elections
  • elixir
  • email
  • Ember
  • Ember.js
  • encoding
  • energy
  • engine yard
  • engines testing
  • engineyard
  • enterprise
  • epp
  • error
  • errors
  • ethereum
  • Event Machine
  • expercom
  • facebook
  • failure
  • Family
  • family history
  • family reunion
  • family search
  • family trip
  • Family Vacation
  • familysearch
  • familysearch.org
  • farmers market
  • fashion
  • fences
  • field trip
  • file uploads
  • Firebase
  • fireeagle
  • fix
  • flat tax
  • flowers
  • folksonomy
  • food
  • France iPad Internet access
  • free book
  • freedom
  • friendfeed
  • friends
  • fuel
  • Fun Stuff
  • funeral
  • Funny
  • funny kids
  • gadgets
  • galleries
  • gamenight
  • garden
  • gardens
  • garter snake
  • gatsby
  • gatsbyjs
  • gearsynper
  • geek
  • gelatin
  • gem
  • gems
  • gems ruby on rails
  • genealogy
  • genius
  • geocaching
  • geotagging
  • girl's camp
  • gistr
  • git
  • github
  • global
  • gmail
  • godaddy
  • Goliath
  • Google
  • google bomb
  • google docs
  • google hacks
  • Gorden B Hinckley
  • government
  • gps
  • grand master
  • grand-teton-national-park
  • graph ql
  • graphcool
  • graphql
  • graphqlsummit
  • great firewall
  • grocery
  • gross
  • group work
  • HABTM
  • Hacks
  • halloween
  • happy
  • has and belongs to many
  • has_many
  • hashgraph
  • Hawaii
  • health
  • health insurance
  • heirachy
  • Heirarchies
  • helps
  • Heroku
  • Holiday
  • home building
  • home improvement
  • home plans
  • homebrew
  • homework
  • hosting
  • house plans
  • House Stuff
  • housing
  • human rights
  • hyperledger
  • i18n
  • ice cream
  • icls2008
  • idaho
  • ideas
  • identity
  • identity_theft
  • iiw2006b
  • image
  • image processing
  • inbox
  • induglences
  • insane
  • inspiration
  • install
  • Instructure
  • Interesting
  • internet
  • Internet Explorer
  • InvalidAuthenticityToken
  • iPhone
  • jackson-hole
  • jamis buck
  • Javascript
  • JavaScript (Programming Language)
  • Javscript
  • Jenna
  • jeweler
  • jobs
  • joyent
  • jQuery
  • jungle disk
  • jurlp
  • justin ball
  • kids
  • knowledge workers
  • lambad
  • laptop case
  • launchup.org
  • lds
  • LDS church
  • learning
  • legal
  • Lego
  • legos
  • leopard
  • lesson
  • Levi Leipheimer
  • Liahona
  • library
  • life
  • lifestream
  • Links
  • litecoin
  • LMS
  • loans
  • localization
  • logan
  • Logan Canyon
  • logistics
  • logitech
  • LTI
  • lucene
  • lucene.net
  • Lucifer
  • luvfoo
  • mac
  • Mac OSX 10.6
  • Mac Ports
  • macbook
  • macbook pro
  • Maker
  • Maker Faire
  • manage
  • marginal changes
  • marion
  • marriage
  • Matt Mullenweg
  • me
  • medicine
  • Meetings
  • merb
  • Mexico
  • micro-blogging
  • microcontent
  • microformats
  • Microsoft
  • Middle East
  • migrations
  • mom
  • money
  • Monitor
  • morph
  • morph exchange
  • morphexchange
  • mortgage
  • mosso
  • motorcycle
  • mountain biking
  • Mountain West Javascript
  • Mountain West Ruby
  • mountain west ruby conference
  • mountainwestrubyconf
  • mozy
  • MRI
  • mtnwestrubyconf
  • muck
  • multi-user
  • music
  • mwjs
  • mwrc
  • mysql
  • mysql gem
  • MYTecC
  • Neat Stuff
  • neighbors
  • newgem
  • No Programming
  • node.js
  • nuclear weapons
  • nutcracker
  • Oahu
  • Oauth
  • oauth-plugin
  • Obama
  • Obie Fernandez
  • OER
  • OER Glue
  • olympic torch
  • olympics
  • omniauth
  • Open Assessments
  • open source
  • OpenContent
  • opened2007
  • OpenID
  • opensocial
  • optimism
  • ordered tree
  • oreos
  • osx
  • outdoors
  • outsourcing
  • ozmozr
  • pain
  • panasonic plasma
  • Paris
  • password recovery
  • payday lenders
  • paypal
  • pety
  • PGP
  • Phil Windley
  • photography
  • photoJAR
  • photos
  • php
  • pickle soup
  • pickup
  • piclens
  • Pictures
  • plasma tv
  • Playa Del Carmen
  • plugin
  • plugins
  • poinsettia
  • Political
  • politics
  • portablecontacts
  • PostGreSQL
  • PostGresSQL
  • poverty
  • privacy
  • problems
  • product: web
  • professional
  • Programming
  • Projects
  • prophet
  • protect_from_forgery
  • protests
  • prototype
  • psych
  • psychology
  • queue
  • rails
  • rails 2.0
  • rails conference
  • Rails I18n Textmate bundle
  • RailsConf
  • RailsConf07
  • rake
  • rant
  • react
  • react router
  • React.js
  • Reactive
  • reactjs
  • reactrouter
  • realestate
  • recipe
  • recommender
  • records
  • red green
  • redirect_to
  • regular expressions
  • relay
  • religion
  • render
  • replace
  • reputation
  • require.js
  • research
  • REST
  • restaurant
  • rFacebook
  • ridiculous
  • rightscale
  • ringside networks
  • river
  • river trail
  • robots
  • romantic
  • roomba
  • rpsec
  • rspec
  • rspec bundle
  • rss
  • ruby
  • Ruby On Rails
  • Ruby On Railst
  • ruby_on_rails
  • rvm
  • s3
  • sad
  • Salesforce
  • samsung ml1740
  • sarah sample
  • scalability
  • School
  • Science
  • scorm
  • scream
  • script.aculo.us
  • SDK
  • search
  • senate
  • SEO
  • serverless
  • servers
  • sessions
  • shopping
  • shortcodes
  • shoulda
  • sign language
  • simple
  • small business
  • snakes
  • Snelgrove
  • social graph
  • social media
  • social network dilution
  • social networking
  • social search
  • Social Software
  • socialsoftware
  • society2.0
  • soda
  • software
  • software design
  • Software Development
  • solidity
  • solo
  • soviet union
  • sovrin
  • sql
  • sql server
  • SQL Server 2005 Express
  • sql server 2008 express
  • starling
  • start ups
  • startups
  • starvation
  • stm bags
  • stm medium alley
  • storage
  • subversion
  • target
  • tax
  • Teachers Without Borders
  • tech
  • teeth whitening
  • template not foudn
  • templates
  • test-spec
  • testing
  • tests
  • textmate
  • thanksgiving point
  • The Japanese Mafia is controlling the weather
  • The Kids
  • The Plan Collection
  • The Web
  • theming skin
  • theplancollection
  • theplancollection.com
  • time
  • timr
  • tips
  • to_json
  • tools
  • Tour de France
  • transfer
  • translations
  • Travel
  • Travel, Disneyland, LA
  • trees
  • trip
  • truffles
  • tutorial
  • tutorials
  • tv
  • twitter
  • Uncategorized
  • uninsured
  • universe
  • unpack
  • unread
  • upgrades
  • uploader
  • uploads
  • user discovery
  • user interface
  • userfly
  • utah
  • utah government
  • utah senate
  • utf8
  • Vacation
  • values
  • vinegar
  • virtual hosts
  • walmart
  • warranty
  • Waste of Time
  • weather
  • Web
  • web design
  • web development
  • Web RTC
  • Web2.0
  • web2con2006
  • webservices
  • weddings
  • Wesley Connell
  • whereigo
  • wife
  • windows
  • Wired
  • wishlist
  • with
  • word press
  • Wordpress
  • work
  • workling
  • wpmu
  • xml
  • yeast
  • yellowstone
  • zentest
©2025 Justin Ball | Powered by SuperbThemes & WordPress