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Could blockchain be the future of the property market?

Could blockchain be the future of the property market?

Posted on 28 May 2019. Source: HM Land Registry

Blockchain technology could speed up property transactions and make them more trustworthy, secure and transparent says Lauren Tombs of HM Land Registry's Digital Street research and development project.

As part of the project, Mishcon de Reya has worked with HM Land Registry and other partners to successfully complete the UK's first digitised end-to-end residential property transaction.

The sale of a semi-detached house in Gillingham, Kent, showed how the emerging technology could be used to reduce uncertainty and delays when buying a home. Delays can cause unnecessary stress for the buyer and seller, and sometimes even cause sales to fall through.

Read the full article published by HM Land Registry here.

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