Blockchain in real estate: theoretical advances and new empirical applications
- Singapore Palgrave Macmillan 2024
- xxiv, 302 p.
Table of content; Blockchain Technology in Real Estate: Potential Future and Challenges Ammar Jreisat, Mehdi Mili Pages 1-13 How Blockchain Technology Is Transforming the Real Estate Market? Audil Rashid Khaki, Omar Ali, Somar Al-Mohamad Pages 15-33 Blockchain, Asset Management and Real Estate Funds Mohamed Sraieb, Somar Al-Mohamad, Audil Rashid Khaki Pages 35-52 Blockchain in Commercial Real Estate Jo Bronckers Pages 53-84 A Blockchain-based Life Cycle Assessment (LCA) Framework for Building Materials Selection Nesrine Gaaliche, Mohammad Abou Elseoud Pages 85-102 Cryptocurrency and Real Estate Transactions Somar Al-Mohamad, Audil Rashid Khaki, Mohamed Sraieb Pages 103-122 Real Estate in the Metaverse Muhammad Abrar-ul-Haq, Farheen Arkam Pages 123-151 Asset Tokenization in Real Estate: Theoretical Perspectives and Empirical Approaches Khalil Alnabulsi Pages 153-168 Distribution of PropTech Benefits to Stakeholders of Real Estate Market Ali Murad Syed Pages 169-178 Fragmented Data Landscape and Data Asymmetries in the Real Estate Industry Hamad Hazeem, Ebrahim AlBurshaid Pages 179-205 Digital Building Logbook—The Mother Use Case for Blockchain in Real Estate Jo Bronckers Pages 207-232 Land Title Solutions Across The World With Blockchain: A Review Dawood H. M., Chee Yoong Liew, Marcia Edna Santhana Rajan Pages 233-255 Tokenized Real Estate Investments Ploypailin Kijkasiwat Pages 257-271 International (Lack of) Harmonization in Legislation for Blockchain Application in Cross-Border Real Estate Processes Tuti Haryati Jasimin Pages 273-294
This book provides an overview of the latest developments in real estate blockchain technology and its applications. It explores blockchain technologies in all industries, cryptocurrencies’ effect on the payment system, money transfers and currency exchange, investment, venture capital, etc. It examines the urgent need to build trust in digital technologies as companies rethink their approach to operations. It describes how Blockchain technology can enable property or land ownership to be managed through immutable records and verifiable transaction history to register and transfer land and how it can also be used to improve the efficiency of property management through the use of smart contracts.
It explores how blockchain can upgrade the traditional Multi-Listing System (MLS) - a professional information system that combines the offers of market participants from different real estate agencies and creates a much more transparent MLS, in which brokers and agents can see the entire history of transactions in relation to property. In real estate, blockchain can help organize new forms of registries, titles, and transactions. The blocks recorded in the blockchain system certify the process of transfer of ownership and confirm money transfers and owner data. There are several regulatory and administrative challenges in implementing blockchain real estate tokenization. If and when this is implemented, it could greatly simplify and speed up the process of buying, receiving dividends, and financial benefits from owning real estate around the world.
This book explores the implications of real estate blockchain and the opportunities and challenges. It will interest scholars, researchers, and real estate, finance, and financial technology students, real estate agents, town planners, developers, real estate experts, investors, communities.