Due to this initiative, they will be able to identify Blockchain technology applications to the real estate sector and perform tests in a safe space to study their integration in the company and create the Real Estate of the future.
The implementation of Blockchain technologies will represent improvements in the transparency, safety and speed of transactions. For example, due to the decentralization of information, the likelihood of fraud is near zero. On the other hand, with the integration of smart contracts, agreements whose execution is automated subject to the fulfillment of pre-fixed conditions, it would be possible to maintain buildings and facilities connected to IOT devices, tokenize real estate for rent, purchase or investment (these tokens would represent fractions of the house).