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Showing posts with the label blockchain for enterprise

How Blockchain Technology Transforms Real Estate Transactions on Omnibasis

The Real Estate industry is undergoing a digital transformation. It started with the arrival of the Internet and liberation of information about properties for sale. 30 years later, the Blockchain technology is having a major effect on all aspects of the real estate transactions, from buying a property, to how due diligence is done, to holding a title.   Everything has been simplified. A number of companies have turned to Omnibasis to build their Blockchain solutions. From a Real Estate registry in Africa to a Title Insurance company in South East Asia. IRESE is using Omnibasis Blockchain technology to power new innovation in the Real Estate industry financing. Buying a house today Today any real estate transaction requires a lot of paperwork and several middleman have to be involved, each of them taking a bite out of the transaction. Real estate brokers, lawyers, title insurances, appraisers, home inspectors, just to name a few. Every one of them is expecti...

Why Businesses Large and Small are turning to Blockchain technology

The hype of bitcoin mania is over. Now businesses large and small are discovering the benefits of the Blockchain technology and start transforming their business just like in the beginnings of the internet 30 years ago. Business Made Simple on Omnibasis At the heart of the Blockchain technology is the concept of a shared ledger. Think of a database that is shared among all participants in the business value chain. Just like the heart of the Internet is shared network that is used to exchange information today. The Blockchain innovation eliminates the need for a constant exchange and replication of information. The information is stored in shared place, called a shared ledger and accessed when needed by authorized businesses and consumers. It eliminates businesses and consumers from each holding their own copy of the data, either on paper or in silo databases. Just like the Internet, that liberated us from information darkness, the Blockchain liberates us from TOO MU...