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If some financial institutions had used blockchains before the last recession, we may not have had one. After all, banks sometimes didn’t know which company’s books held bad mortgages, and a blockchain is essentially a single time-stamped ledger transparent to all its users. Since that time, companies in a wide variety of industries, such as health care, government, food, supply chain management and trade finance, have begun exploring blockchain technology. The problems they’re trying to solve mostly come down to inefficiency and fraud. Gartner, a research firm, projects the global business benefits of blockchain technology will total $5 billion in…
NEW YORK CITY—With news such as Eastern Consolidated’s closing, the coming of blockchain, and Cushman & Wakefield reportedly operating at a loss for the last three years, should brokers be worried?
Whether you manage 1 or 100 properties managing them has remained the same. Today technology is changing every aspect from maintenance to legal contracts to make things faster, easier and smarter for investors. Hemlane CEO, Dana Dunford, returns to RERL as she talks with Joe about managing rental property on your terms. Specific topics include: Agent liability issues Cyclical and linear market cycles Everything about investing outside California How will cryptocurrency and blockchain work its way into transactions Next big step for property management
It wasn’t too long ago that the latest trends in real estate technology were virtual reality tours and drone photography. Now, agents are having to explore what were once far-out concepts like artificial intelligence, machine learning, geofencing and blockchain. There has been an explosion in recent years not only of the technology available to agents, but also the money being poured into the tech side of the business.
In the CREtech sector, we need all the help we can get. Investment in the industry is at record levels. It is clear that real progress is being made with many, many startups scaling yet getting the press to pay attention to us is still a challenge. And I get it. We are a small ecosystem in the tech sector and the real estate trade media focuses mostly on big deals and trends in the commercial real estate sector, overall. And then along comes Rich Berliner, CEO of Fifth Gen Media! And he’s doing exactly what we need.. trend stories,…
Cryptocurrency trading platform SFOX has announced the closure of a $22.7 million Series A funding round with participation from Airbnb co-founder Nathan Blecharczyk, according to an August 16 press release. Co-founder and partner at Tribe Capital and Social Capital, Arjun Sethi, led the Series A funding round for the U.S.-based cryptocurrency dealer SFOX, with participation from Y Combinator, Khosla Ventures, Digital Currency Group, Blockchain Capital, and Blecharczyk.
For the month of August, while taking a break from writing to focus on some large initiatives at CREtech, I have asked some of the smartest people in CREtech that I know to guest blog for me and share their perspectives on the sector and current landscape. I am pleased in this entry to have my friend Raja Seetharaman share his thoughts on the future of CREtech. In my humble opinion, he is a true thought-leader and one of the most important industry leaders in the space. Thanks Raja! I hope you enjoy his insights as much as I did! –…
Los Angeles-based Paragon, a company that provides supply chain tracking for the cannabis industry and uses blockchain transactions, has just opened the city’s first coworking space for cannabis-related companies in Hollywood.
CREtech and AnySizeDeals will co-produce #BitcoinCRE events in 2019 New York, NY (September 6th, 2018) — CREtech (cretech.com), the leading commercial real estate technology platform and AnySizeDeals, a member network organization comprised of professionals passionate about real estate, Proptech and Blockchain have announced a partnership to collaborate and jointly produce #BitcoinCRE events in San Francisco and New York in early 2019. Michael Beckerman, CEO, CREtech commented, “This partnership is yet another example of the incredible growth of our CREtech platform and the incredible talent that we are able to present to the entire ecosystem. I have long been an admirer…
Industry leaders always think forward. What innovations potentially will change our world forever? One place to find game-changing discoveries is the MIT Technology Review’s 10 Breakthrough Technologies. Since 2001, MIT has spotlighted advances it believes will reshape our lives for years to come. Four tech innovations highlighted in the 2018 edition have implications for the commercial real estate industry. #1- Artificial intelligence Has the shine worn off artificial intelligence’s novelty? Not according to MIT, which points out that AI tech hasn’t completely gone mainstream–yet. That’s about to change thanks to cloud-based AI technology. Google, Amazon, and Microsoft all working in…