Property companies must embrace blockchain and understand that it represents a profound shift from current technology systems, according to panellists at Colliers International's conference in blockchain . 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 differentiation between current practices will prove to be superior, and players who remain in the traditional operating models will absorb into the innovative firms or outright fail. The conference also covered the issue of data privacy, with Colliers International's , Marcus Rayner 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 New York '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 Colliers International's conference in blockchain . 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 Colliers International's , Marcus Rayner 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 New York 's potential to be realised.