Editor’s note: This article is part of our JLL proptech series, produced in cooperation with JLL, a leading professional services firm that specializes in real estate and investment management. We believe in transparency in our publishing and monetization model. Read more here.

Closing a real-estate transaction can get messy. Buyers, sellers, brokers, legal representatives, mortgage providers, and of course, the government, all require forms and papers that must be stamped, scanned, faxed or dispatched via postal or delivery services.

Blockchain and real-estate transactions appear to be a perfect match since such deals need secure and immutable ownership records and trust is key. Blockchain technology potentially allows any two parties to transact directly with each other without the need for a trusted third parties such as intermediaries like real-estate agents. Although it seems unlikely that intermediaries would completely disappear.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Masha Borak

Masha Borak is a technology reporter based in Beijing. Write to her at masha.borak [at] technode.com. Pitches with the word "disruptive" will be ignored. Read a good book - learn some more adjectives.