Till now we have seen some of the problems related to the land compliances and ownership with the real estate sector. Another major issue currently being faced by real estate is that liquidating the real estate transactions is not a natural process. It might take weeks to do so. To solve such a problem, we can create a private or a public blockchain to increase liquidity process efficiency, and provide transparency, assets or tokens can be issued on top of the blockchain, which can help to buy and sell the real estate. transactions for real estate over the ledger would be transparent and visible to all. Lenders can also extend market reach through novel approaches like the securitization of tokenized debt instruments and their derivatives.
The benefits of such a solution would be that it will provide real time transfer worth of ownership without making the users wait for days. Real estate investment trusts can also be utilized by using the tokens for the real estate. Now let's visualize this use case with the help of a diagram. As you can see in the diagram, we have Real Estate Buyers who raise a request and transfer tokens to the blockchain for liquidation. This request can also come from the buyers who rely on the blockchain for liquidity. The liquidity provider is available with the blockchain for the provision of the security of the tokenized tap instruments.
The liquidity provider provides the liquidity in the form of tokens over the blockchain. And finally, the real estate owners receives that liquidity security and tokens. Now, we have seen some of the significant industries that require blockchain in some capacity. And we have also discussed some of the potential use cases for the blockchain within these industries. Always keep in mind that blockchain is not a solution for every problem. You need to first understand the problem and devise an efficient solution using the blockchain.
There are multiple more industries and use cases where blockchain can have significant impact. You can also use the use cases discussed here to devise much more efficient solutions. You have to think of the blockchain as a new utility. It is a new utility network for moving value, assets or data that was about the use cases related to the blockchain. Thank you for attending this course. If you have any queries, feel free to mail us at info at the rate v two blocks.com