Blockchain and Property Technology

• Autor(a) principal: Dias, Daniel Filipe Merêncio
• Data de Publicação: 2023
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10400.22/24143
• topic: Blockchain; Smart Contracts; Real Estate; Multiple Listing Service; Distributed Ledger; Immutability; Domínio/Área Científica::Engenharia e Tecnologia

Blockchain technology has emerged as a revolutionary force in the real estate sector, promis ing transformative changes in how properties are bought, sold, and managed. This study delves into the integration of blockchain in real estate, emphasizing the development and testing of a practical proof-of-concept application. The research, undertaken during an internship at DevScope, critically examines the potential of blockchain to enhance trans parency, security, and efficiency in managing exclusivity contracts. The research starts with a comprehensive review of blockchain literature, exploring its diverse applications within the real estate industry. It delves into the intricacies of challenges faced and opportunities presented during the implementation of blockchain technology in this context. Through rigorous analysis, the study assesses the profound impact of blockchain on the real estate landscape, elucidating the multifaceted benefits and challenges inherent in deploying blockchain-based solutions. Furthermore, this research not only contributes valuable insights to the ongoing discourse surrounding blockchain in real estate but also presents practical implications. The findings are poised to inform strategic decisions, providing DevScope with a nuanced perspective on integrating blockchain technology into their products. Specifically, this study evaluates the feasibility of incorporating a blockchain-based solution into MaxWork, one of DevScope’s products, thereby paving the way for innovative advancements within the realm of Multiple Listing Service solutions.