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An Enhanced Real Estate Transaction Process Based on Blockchain Technology
Summary
We discuss the current state of the Canadian real estate market and the impact blockchain technology could have on it. We start with a review of the current popular and scholarly literary landscape relating to blockchain technology and its real estate applications. Special focus is given to the impact the technology could have on transaction costs, transaction times and fraud deterrence in this market. Preliminary recommendations are provided in the form of blockchain based bidding and transaction systems.
Conference: 23rd Americas Conference on Information Systems (AMCIS 2017)
Location: Boston, MA, USA
Date: August 10-12, 2017
Keywords
Blockchain, real estate, shared ledger, transaction process, bidding process, fraud
Links
References
| APA | Mashatan, A., & Roberts, Z. (2017). An Enhanced Real Estate Transaction Process Based on Blockchain Technology. Proceedings of Americas Conference on Information Systems 2017 (AMCIS 2017) (pp. 11-17). |
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| BibTeX | @INPROCEEDINGS{real-estate-trans-2017, author={Atefeh Mashatan and Zachary Roberts}, booktitle={AMCIS}, title={An Enhanced Real Estate Transaction Process Based on Blockchain Technology}, year={2017} address={Boston, USA}, } |
| IEEE | A. Mashatan and Z. Roberts, “An Enhanced Real Estate Transaction Process Based on Blockchain Technology,” in Proc. 23rd Americas Conf. Info. Sys. (AMCIS), Boston, MA, USA, May 17, 2017, pp. 11-17. |