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Blockchain is like Real Estate Property Appraisers and Deeds

Benjamin Sens interview George Kauper from Kauper Realty, and talk about how the Blockchain is like Real Estate Property Appraisers and Deeds.

Full Interview

More Info on George Kauper: https://kauperrealty.com/

Transcript

George Kauper
Then talking about technology it’s the blockchain is

Benjamin Sens
Yeah

George Kauper
Looking at it’s very complicated. I mean, it’s the it’s the foundation of what creates value of

Benjamin Sens
So you had mentioned to me that the blockchain is a ledger

George Kauper
Yeah a electronic distributed ledger

Benjamin Sens
That you cannot change

George Kauper
Correct

Benjamin Sens
And you can track anything with

George Kauper
Logistics

Benjamin Sens
Importing and exporting

George Kauper
Smart contracts, digital contracts. So you you’ll see a complicated real estate contract, eventually, they’ll have the infrastructure that that can all be done through, you know, electronic triggering of parts of that contract, fully executable contract, which is valid,

Benjamin Sens
And people can implement blockchain in applications that they build for their phone, different things like that, right. So that’s how it’s, that’s how it’s a that’s one of that’s one of the ways it can be profitable, right?

George Kauper
It can be in many different ways. And there’s other countries that have historically had great problems validating who owns what piece of land. So now

Benjamin Sens
Like property appraisers

George Kauper
Like pretty appraisers like deeds. So now they can put those that information into the blockchain. And there’s going to be if government changes or if there’s different kinds of turmoil, that that record those records of that land and that history will be there forever. So it’s, and this this, the data is all over the world, you know, throughout any computers, so it’s maddening.

Transcribed by https://otter.ai

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