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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...