CoreNet Global    MY CORENET GLOBAL    Contact

User ID: 
  Forgot Password? Create an Account
View Cart 0 Item

CoreNet Global Events > Event Registration

CRE Lunch for End Users - Blockchain and Its Impact to the Real Estate
Date: Thursday, March 15, 2018 to Thursday, March 15, 2018
Venue: ELEMENTS  Denver, CO United States 

This event is for CoreNet Global Member End-User (CREs) only. Space is limited. 


The commercial real estate (CRE) industry appears to take pride in keeping several aspects of its operations secret, such as comparable lease rental rates, property prices, and valuations, to create a possible competitive advantage. However, secrets are hard to keep—and may not even be desired—in today’s hyperconnected and digitized world. In response to greater demand for transparency, technology advancements and the disintermediation by startups are gradually making some of this information public.

1 As a result, property-related information is increasingly available in digital and paper form. However, a significant portion of the digitized information is hosted on disparate systems, which results in a lack of transparency and efficiency, and a higher incidence of inaccuracies that creates a greater potential for fraud.

Blockchain technology—a digitized, distributed ledger that immutably records and shares information—could enable the CRE industry to address these inefficiencies and inaccuracies. According to a 2015 World Economic Forum survey of 800 executives and information and communications technology sector experts, 57.9 percent of the respondents believe that 10 percent of the global GDP information will be stored on blockchain technology by 2025.

2. Until recently, blockchain was known more as the technology powering Bitcoin. However, industry players now realize that blockchain-based smart contracts can play a much larger role in CRE, potentially transforming core CRE operations such as property transactions (purchase, sale, financing, leasing, and management). Over time, blockchain adoption can have a broader impact, as it can be linked to public utility services such as smart parking, waste, water, and energy billing, and also enable data-driven city management. 

Blockchain will impact the commercial real estate world! 

Speaker Details
No speakers have been associated with this event.
Schedule Details
Select session for meeting registration
No sessions have been associated with this event.
Download To Calendar

2018-03-15 11:30:00 2018-03-15 13:30:00 America/Boise CRE Lunch for End Users - Blockchain and Its Impact to the Real Estate CRE Lunch for End Users - Blockchain and Its Impact to the Real Estate ELEMENTS, 2501 Blake St, Denver, CO, 80205, United States CORENET GLOBAL

Travel Discounts
No hotels have been associated with this event.