Applying Blockchain to Commercial Real Estate Transactions

While financial institutions, regulators and others are ambivalent toward cryptocurrencies’ utility and ultimate value, most are confident that blockchain, the technology that undergirds cryptocurrencies, may serve as a boon to a wide array of industries. Commercial real estate, in particular, may be one of its greatest beneficiaries. In this article, real estate partner Jeffrey Lenobel and former Schulte lawyer Aaron Retter review the principles of blockchain technology and how they can be applied to commercial real estate transactions.