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Innovatech Awards

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Real Estate<br />

Marketing<br />

Real estate or property records are usually<br />

stored by custodians working in a local<br />

government office. Property deeds have to<br />

be recorded and entered into the database<br />

provided by the office to the public. The<br />

process of recording deeds or obtaining<br />

records is usually inefficient and timeconsuming.<br />

The office may only operate<br />

during business hours on weekdays, limiting<br />

the time the records are available to you.<br />

In places without proper government<br />

structures, proving property ownership<br />

can be difficult if there are multiple claims.<br />

Storing the proof of property ownership on<br />

blockchain will eliminate any inefficiencies<br />

of the current practice. Deeds are kept safer<br />

and can be authenticated easily. Public<br />

access also makes it easy for interested<br />

persons to inspect anytime.<br />

Blockchain can impact and change the<br />

way we navigate marketing online. In a<br />

blockchain-based marketing ecosystem,<br />

there is bound to be trust and transparency<br />

between businesses and customers. The<br />

immutability of information passed across<br />

by brands will promote the integrity<br />

of businesses and allow marketing<br />

transactions in a more secure ecosystem.<br />

Blockchain in the marketing ecosystem<br />

also increases the protection of<br />

customers’ data. Nowadays, there are<br />

many discourses about the intrusion<br />

on privacy online, like data gathering<br />

by website cookies. Online privacy will<br />

be encouraged in a blockchain-based<br />

marketing ecosystem. Clients can choose<br />

to be anonymous while interacting with<br />

a business but will be verified on the<br />

blockchain.<br />

52 innovatechawards.com<br />

53

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