5 Biggest Companies That Might Be Disrupted By Blockchain Technology

5. AvalonBay Communities Inc (NYSE:AVB)

AvalonBay Communities Inc (NYSE:AVB) is one of the largest residential REITs in the US and thus is poised to become among many real estate companies that will be disrupted by the blockchain technology. Real estate is not limited to just owning and managing real estate, but it also involves a lot of transactions between owners and tenants as well as a lot of records that have to be kept. Blockchain technology can ensure secure transactions and a easy way to transfer documents and property deeds. As a start, the industry is already seeing some blockchain-based solutions, such as Ubitquity, which is a blockchain-powered platform for real estate record keeping and deeds transfer, which allows an easy way to trace a property’s ownership history due to the  immutability of the blockchain.

create jobs 51/Shutterstock.com

create jobs 51/Shutterstock.com