But at some point, somebody was talking about the future smart contracts that allow you to purchase Real Estate on the other side of the world, a 3 sec transaction only...
I actually see this (and have spoken about it I think) in a different way, or kind of. Imagine being able to invest into real estate projects around the world, three seconds at a time. A building company can crowdsource funding to get started, offering stake in the project and rather than people buying rental apartments which is a large single outlay, they can buy micro shares in buildings.
this would also work for example, with a group of small investors who can pool their money to invest together, like a group of friends. The simplicity over what it would take now is a amazing.
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Maybe that could first happen in non-dinosaur bureaucracies.
What might actually be interesting is, the bureaucracy may not be able to do much about it.
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Skol!
I mean...
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...to that.
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