A couple of months ago a house was sold with an NFT. You may have no idea what I am talking about and that is okay. Most people have no idea how this works and honestly, the people who bought and sold the house in this manner may not have understood it either! Blockchain technology is what cryptocurrencies and NFTs run on. Many people are predicting that these new technologies will change real estate sooner rather than later because you can use smart contracts with blockchain, which may make real estate more secure and easier to transact.
I am a real estate investor, agent, broker, and investor in crypto and virtual real estate and I wanted to give my thoughts on blockchain technology and traditional real estate.
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