Nobul Corporation Introduces Blockchain Services to Its Platform
Nobul Corporation offers real estate technology services that help customers find the most suitable agent for them with their home search -- this is based on each buyer's situation and needs using a series of reviews and customizations. The company incorporated blockchain technology with its existing online marketplace, creating an architecture that manages and tracks contracts.
This process creates more transparent connectivity, making audibility clearer as well. The overarching real estate transaction service is often opaque from a traditional standpoint, so this service creates a better sense of trust through the process. The new blockchain technology is developed to record and manage four contracts that exist between agents and sellers. This features Buyer Representation Agreements, Listing Agreements, Broker-to-Broker Referrals, and the consumer advocacy agreement. The
This process creates more transparent connectivity, making audibility clearer as well. The overarching real estate transaction service is often opaque from a traditional standpoint, so this service creates a better sense of trust through the process. The new blockchain technology is developed to record and manage four contracts that exist between agents and sellers. This features Buyer Representation Agreements, Listing Agreements, Broker-to-Broker Referrals, and the consumer advocacy agreement. The
Trend Themes
1. Blockchain Technology in Real Estate - The incorporation of blockchain technology in real estate platforms creates transparency and trust in the transaction process.
2. Customized Home Search Services - Real estate technology platforms that offer customized home search services based on individual buyer's situation and needs provide a more tailored experience for customers.
3. Enhanced Contract Management - Real estate technology platforms that utilize blockchain technology for contract management improve the efficiency and audibility of real estate transactions.
Industry Implications
1. Real Estate Technology - Innovative real estate technology platforms incorporating blockchain services disrupt traditional real estate transactions, offering improved transparency and trust.
2. Blockchain - Blockchain technology disrupts the real estate industry by providing a secure and transparent way to manage and track contracts.
3. Online Marketplace - The integration of blockchain technology in online real estate marketplaces revolutionizes the way contracts are managed and improves the overall transaction process.
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