Valuation Magazine Feature: The convergence of real estate, blockchain and cryptocurrency
How these technologies may potentially change the way real estate transactions are handled
Argianas & Associates Vice President, Alexander Argianas, recently sat down with the Appraisal Institute to chat about cryptocurrency and its growing impact on real estate transactions and the implications for appraisals. Alex likens the current state of blockchain and cryptocurrency to the “Wild West,” and envisions a process that will bring more equity, transparency, and honesty to the markets. He also sees these technologies potentially changing how real estate transactions are handled and explains why appraisers still need to be involved.
As a point of education, the Institute began the conversation by asking Alex to define key terminology that appraisers not familiar with blockchain need to know.
Read his response in Valuation Magazine’s complete Q&A with Alex here.