7 Reasons Why Blockchain is the Key to Solving Security Challenges in Real Estate
In the fourth quarter of 2023 alone, over eight million records were compromised in data breaches globally.
To put this in perspective, the fourth quarter of 2020 saw nearly 125 million records exposed, the highest number since early 2020. These figures are not just statistics; they represent real individuals whose personal lives and assets are at significant risk.
With people spending an average of more than eight hours a day online, the likelihood of inadvertently sharing personal data that can be exploited is higher than ever. This risk is particularly acute in real estate transactions, where sensitive information is routinely exchanged.
In this whitepaper article, we will explore seven compelling reasons why blockchain technology offers a robust solution to these security challenges in the real estate industry.
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