How Blockchain can Pragmatically Revamp the Mortgage Industry

submitted 3 years ago by anjaliyadavoodlestechnologiescom to bitcoin

When we hear the words blockchain and mortgage, we generally think of buying a house or a piece of property with cryptocurrencies. However, beyond that, blockchain technology solutions can be beneficial for the real estate industry, especially across mortgage processes. Maybe not in the ways you would expect. Attorneys draft legal papers, title firms perform title searches, and underwriters determine the loan’s risks. It renders the mortgage process a lengthy and often strenuous experience for consumers.