How Rentible Is Revolutionizing The Real Estate Industry With Blockchain Technology

 In the 20th century, the internet brought us closer. The 18th century ushered in the industrial revolution, while the 17th century enlightened humanity through the Renaissance.

While some are naturally skeptical, many already believe that in the future people will look back at this current stage of early blockchain startups and compare it to the Internet Revolution of 1994, in which inventions like HTML and FTP became the cornerstones of the web as we know it today, pinning blockchain technology as one of the defining inventions of the 21st century.

ndustries such as gaming, tech, banking and finance, sharing economies, fashion and many more are gradually beginning to adopt and embed blockchain technology to different degrees into their infrastructure in order to enhance productivity or raise awareness to the brand. While still far from worldwide mainstream adoption, those who have taken the leap have reaped the benefits. Notable names such as Elon Musk, Jack Dorsey, Dolce&Gabanna, and Fortune have all already taken the plunge into this space.

One of the untapped yet most lucrative and appealing sectors to be modernized and revolutionized by blockchain is real estate. In an “old-fashioned” market worth trillions of dollars and which continues to grow, there is no doubt that blockchain principals will find a place to establish a new dogma of streamlined processes and lower costs for participants. Thes cover an array of verticals, from increased data ownership and security of funds, to mitigating the risks and effects of online rental fraud, costly and non-reliable intermediaries, overbearing landlords or problematic tenants.

Evolution of Renting: Cheaper, Leaner, Crypto

o this pivotal spot enters Rentible, who seeks to be a first-mover in this market by launching its state-of-the-art dApp in both web and mobile interfaces. Focused on addressing the masses of people, not only the tech-savvy ones, with a streamlined experience unavailable anywhere else, Rentible’s vision involves streamlining the entire house hunting and property management experience for prospective homeowners and tenants, while gradually exposing them to the blockchain via an intuitive UX and its wide range of features conducted in the background, making the process not only cheaper through disintermediation, but also safer.

Source: bitcoinist.com