Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income

while creating wealth for the long term. And now here's your host, Marco Santorelli.

Welcome to another episode of passive real estate investing.

I'm your host, Marco Santorelli.

You know, about a year ago I did an episode on the blockchain and in real estate and how those two things are connected and interact.

Well, it's about a year later.

You know, if you think about it, like the original original internet the blockchain is a revolution in technology that will touch all people and all businesses

and for many real estate investors and professionals this is part of the brave new and confusing world of technology and thousands to potentially millions of them that each keep the same record of an event or

transaction in a ledger that is open to the public.

Each one of those records is encrypted, which means it's all scrambled and it cannot be read without the right key

and the ledger is virtually hackproof

since all these computers see the same thing, they offer consensus that the recorded

a vendor transaction is valid. The most important value of the blockchain is that it allows two or more

parties to interact with, say, a financial transaction with no middleman.

That's quite amazing if you think about it.

What makes the blockchain universal is how it can be implemented for just about any kind of transaction,

record keeping or an agreement between one or more parties, from an asset management or an investment perspective to operating and managing companies,

blockchain technology could potentially have a profound impact on real estate.

And that can be seen by the number of companies that are already emerging,

in fact over the last year, with their feet firmly planted in blockchain. I mean, there are

publicly traded companies that are raising capital for blockchain technology.

So there are opportunities for blockchain in many facets of real estate transactions,

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