Analysts from Holdmar Holdings LLC predict that in ten years a significant part of real estate financial operations will be done via blockchain due to low fees.
In recent years cryptocurrencies have skyrocketed in value. Blockchain industry has a significant influence on payment system and markets. While Bitcoin and other leading cryptocurrencies remain to be something out of this world for many, they are increasingly used in day-to-day activities. Blockchain implementation is far from perfect however it’s just a matter of time till they substitute traditional means of payment we known and been using for decades.
Bitcoin, Ethereum, Litecoin, and other cryptocurrencies can be used to pay for an ever-growing number of prodcuts and services. As digital currencies continue to evolve and become commonplace, it can be expected to become equal to traditional currencies in the near future rather than a tool or investment target.
Analysts from Holdmar Holdings LLC state that real estate is the perfect sector for innovation through the blockchain. Blockchain technology eliminates the need for a trusted party (an expensive mediator) to execute transactions, allowing investors to use a distributed, peer-to-peer network. It significantly decreases concurrent expenses associated with real estate transactions. That, in turn, lowers the barriers to real estate investing for the broader audience.
The growing popularity of cryptocurrencies and use of blockchain in real estate market is especially relevant to facilitate international transactions, where monetary controls may be an issue, and where it’s essential to establish digital trust.
In Holdmar Holdings LLC we believe that in a decade many real estate transactions will be conducted in the blockchain system. Holdmar Holdings LLC stands ready to offer wide variety of options to its clients granting the ability to invest into real estate using blockchain technologies.
Company Name: Holdmar Holdings LLC
Contact Person: Mark Tollman
Email: Send Email
Phone: +1 (888) 237-1589
Address:100 International Drive, Legg Mason Tower, 23rd Floor
State: MD 21202
Country: United States