Blockchain and housing: Building new relationships with smart contracts

We are at the dawn of the next phase of property ownership and trading in Ireland, writes Lory Kehoe

Lory Kehoe, managing director, Consensys

Recent warnings this week from the OECD that the Irish property market remains vulnerable to “rapid changes in prices”, putting us at risk of a new boom-to-bust cycle, do not ring pleasant.

Blockchain technology offers a much-needed solution to many of the inherent flaws and key process inefficiencies of the property market. It has significant potential to transform core transactions in sales, borrowing, letting and purchasing. All while driving transparency, cost savings and ...