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THE UNIVESITY OF DA NANG SCHOOL OF INFORMATION AND

COMMUNICATION TECHNOLOGY

Application of blockchain in real estate

Instructor:
Bui Tran Huan
Students:
1. Hoang Xuan Nam
2. Tran Truong An
3. Nguyen Viet Hoang
Presentation content

1 Introduction to blockchain technology

2 How does blockchain technology work?

3 How is blockchain technology applied in real estate?

4 Disavantages of Blockchain technology

5 Conclusion
Introduction
• What is the blockchain technology ?
 Blockchain is a decentralized database that stores information in blocks linked together
by encryption. Blockchains are designed to resist data changes, once the data has
been accepted by the network, there's no way it can be changed.
How does blockchain technology work?
 Transaction must take place
 That transaction must be verified
 That transaction must be stored in the block
 That block must be hash
How is blockchain technology applied in real estate?

 Trade real estate through online trading platforms


• Real estate is encrypted and traded like stock.
• There are many exchanges but the most popular is “Atlant.io”.
How is blockchain technology applied in real estate?

 Transactions are not through intermediaries but through “smart contracts”

• The transaction process takes place through "smart contracts" and has no
intermediaries, saving commissions for intermediaries.
How is blockchain technology applied in real estate?

 The source of the property is authenticated


• The data on the blockchain remains unchanged and accessible to all, making
the data transparent and reliable.
 Trade easier and faster
Disadvantages of blockchain technology
 Using a lot of energy
 High cost
 Hacked by hackers
 The inconvenience of private key
Conclusion

 The advent of blockchain has become revolutionary in almost all applications of life
and in many different fields.
 And in the future, Blockchain will be expanded and more effective to help people
solve problems in life more effectively.
THE UNIVESITY OF DA NANG SCHOOL OF INFORMATION AND
COMMUNICATION TECHNOLOGY

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