Learn

New Note

Create a note for yourself from this lesson. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.

REI Tech

Ubitquity: Revolutionizing the Real Estate Industry with Blockchain

If you’ve been on the internet for the past few years, (who hasn’t?!), then you may have come across blockchain. Its global reach has sparked a new way to conduct businesses, and now it’s kind of hard to find an industry that hasn’t been touched by the wonders of blockchain – and the real estate industry is no exception.

Just like the internet or your air conditioner, you don’t really need to know how blockchain operates for you to use it. But since blockchain is taking the world by storm, you might as well know a thing or two about it.

Think about a file or spreadsheet that has been replicated a lot of times and scattered across a chain of computers (nodes). This chain of computers is constantly updating the spreadsheet where anyone who can access the spreadsheet is able to see the updates made.

This, my friend, is the concept of the blockchain.

It’s basically a piece of information that’s located in a blockchain that exists in a shared and constantly updated database. Even though the records in the blockchain…


Is there a topic you'd like to learn more about? Request a Lesson

Finished?

+ Mark as Learned

Valuable Lesson? Share it:

Request a Lesson

At RealEstateMogul.com, mogul_guarantee.pngwe’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.

jpsig.png Request form