Video: Smart Contracts and Real Estate


Smart contracts offer many potential benefits for real estate transactions. Ragnar Lifthrasir, Drew Hinkes, and Dan Rice broadcast live on Blab.im to discuss the following:

  1. What constitutes a valid (Traditional) contract?
  2. How are contracts used in real estate?
  3. What is a smart contract? How is it different compared to a traditional contract?
  4. How do smart contracts work on Bitcoin?
  5. What’s an example of a simple smart contract?
  6. How can smart contracts be used in real estate?
  7. What are the advantages and disadvantages of using a smart contract over a traditional contract?
  8. What are the legal issues with smart contracts?

To learn more about how Bitcoin & blockchain can be used in real estate, visit www.ibtcrea.org.

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