Jason Normandin, Manager of the Web Technologies Group, from NAR (National Association of REALTORS) joined us for our August Lunch and Learn to discuss Commercial Real Estate and Blockchain. The discussion broke down what blockchain is and how it works, outlining the various ways it may impact commercial real estate and specifically the way in which deals are done working with title, financing and so on. A portion of the discussion focused on bitcoin and cryptocurrencies, addressing facts and myths about how they work, and how real estate transactions may take place using this currency. A few resources including the presentation may be found below.
Opinion Article: Impact of Blockchain on CRE