Blockchain Holds Potential For Commercial Real Estate

Law360 (Jan. 4, 2021, 6:32 p.m. EST) – Blockchain technology is a digitized, distributed ledger that invariably records and shares information using software protocols and advanced cryptology.

The development of blockchain-based smart contracts – self-executing software algorithms that are built into a blockchain and that execute trigger actions based on predefined parameters – has enabled the parties to automate the process of executing trade transactions between counterparties in a more direct, trustworthy and efficient manner.

Tokenization is the process of representing a stake in an asset with a blockchain-based digital token.

Each of these security tokens represents direct ownership of an asset, e.g. B. a …

Stay ahead of the curve

In the legal profession, information is the key to success. You need to know what is happening to customers, competitors, areas of activity and industries. Law360 has the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, type of lawsuit, etc.)
  • Access to attached documents such as Briefs, petitions, complaints, decisions, applications, etc.
  • Create custom notifications for specific article and case topics and much more!