In 2017, Katherine Pinkard met an MBA student at a conference who said she wanted to work for a blockchain team at a big bank on Wall Street. After their chat at the Johns Hopkins University event, where Ms. Pinkard was a keynote speaker, she googled “what is blockchain?”
Real estate is just one of the many sectors investing in blockchain technology, an advanced database that stores information in linked blocks and is shared and immutable, adding transparency. Finance, health care and government sectors are also exploring blockchain in innovative ways, but the potential applications could reach the entire economy.
“People are generally more skeptical of the technology and the potential pitfalls [now],” Ms. Pinkard says. “We try to articulate that fraud is fraud no matter the investment vehicle, but given it’s a very nascent way of investing, there is still a lot of fear of the unknown.
“Blockchain creates a lot of efficiencies in commercial real estate,” Ms. Pinkard says. “Transactions can be executed more quickly and more transparently in an industry that is notoriously opaque.” Ms. Seve points to blockchain’s applications for authenticity, resale and community building across industries as evidence of its business potential.Last year, developments in the blockchain space happened as several leaders in the sector fell apart. At the same time, prices for leading cryptocurrencies dropped and stayed low compared to the previous year, while governments around the world began to put regulatory pressure on the sector.
Investor interest in blockchain-based tech is very dependent on who you’re talking to, says Christian Lopez, head of blockchain and digital assets for Cohen & Company Capital Markets, a boutique investment bank. “Many institutional investors who dove into the industry in 2021 and 2022 are paring back their exposure, but that’s not just limited to blockchain.”
Blockchain is bogus. Standard encryption and centralized databases work much better, and it is hard for average people to manage encryption keys. 'Proof of stake' doesn't work, blah blah. Please, , better editing on this topic.
Enslaved at birth and along the watchtower to shackled by cell and chain technology you have no reason to think you will ever be free
.& there's still swampland in Florida
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