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Blockchain: Revolutionizing Transactions
Blockchain technology is poised to revolutionize real estate transactions by offering unparalleled transparency and security. This decentralized ledger system ensures that all parties have access to a single source of truth, reducing the risk of fraud and errors. Moreover, blockchain can expedite the closing process by automating contract execution and eliminating the need for intermediaries. As blockchain adoption grows, it is estimated that transaction costs could decrease by up to 30%2.