Property companies must embrace blockchain and understand that it represents a profound shift from current technology systems , according to speakers at the International Blockchain Real Estate Association 's conference in New York . Insiders believe the technology will be introduced to the property market by industry leaders who want to maximise the security and transparency offered by it . The conference also covered the issue of data transparency , with Marcus Rayner , Colliers International 's vice - president in New York , calling on blockchain leaders to promote the benefits of open data , and other commentators emphasising the importance of accurate data for blockchain 's potential to be realised .
Property companies must embrace blockchain and understand that it represents a profound shift from current technology systems, according to panellists at the International Blockchain Real Estate Association's conference in New York. Insiders believe the technology will be introduced to the property market by industry leaders who want to maximise the security and transparency offered by blockchain. The conference also covered the issue of data privacy, with Marcus Rayner, Colliers International's vice-chairman in New York, calling on blockchain leaders to promote the benefits of open data, and other commentators emphasising the importance of accurate data for blockchain's potential to be realised.