Topic: Blockchain for Multifamily?

Daniel Redman's Avatar Topic Author
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Blockchain is ripe to explode with a number of opportunities for secure peer-to-peer transacting (Bitcoin, Ethereum, etc).

I'm wondering if anyone has heard/can think of any use cases for Multifam... I definitely think it could shake up AirBnB (if they don't adapt) and perhaps subletting in general.
Posted 6 years 7 months ago
Mike Whaling's Avatar
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The best use case I've seen so far isn't in currency transactions (not sure many properties are going to start accepting rent payments in Bitcoin anytime soon), but rather using the Blockchain technology to facilitate instant data transfer/sync across multiple vendor databases.

Once a record gets updated in a property management software system, Blockchain technology could have it instantly synchronized across all connected vendor systems (credit approvals, multiple accounting systems, CRM, resident portal, access management, whatever you can and want to connect to the network) – distributed ledgers have enormous potential in an accounting-heavy industry like multifamily.
Posted 6 years 6 months ago
Brent Williams's Avatar
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Mike, can you expand upon one blockchain use case for me? If you were to take the best use case for multifamily, how would it functionally look?

Also, would the blocks be publicly viewable?

(I have limited understanding of blockchain at the moment, so ELI5 if you wouldn't mind.)
Posted 3 years 3 months ago