Listen "How Blockchain Technology Is Transforming The Real Estate Industry with Kirill Bensonoff | Episode 111"
Episode Synopsis
🔥 On this episode of the Real Estate Hustlers Podcast, we talked with Kirill Bensonoff - a CEO, FinTech innovator who leverages 18+ years of experience in tech to drive dynamic solutions and shape the financial future.
Kirill started out in enterprise IT, built a couple of successful and unsuccessful companies, and then got into FinTech and blockchain around 5 years ago. He has been involved with Bitcoin since 2013.
The episode covers how blockchain technology can potentially transform real estate investing, transactions, and the overall future of the industry. Kirill provides insights into:
1. Using blockchain for real estate investment fractionalization
2. Enabling property deed transfers and streamlining title recording via blockchain
3. Tokenizing real estate assets on blockchain platforms
4. Her company New Silver's blockchain-based lending process
Key Takeaways:
1. Blockchain enables fractionalization of real estate investing by tokenizing properties into tradable digital assets
2. Smart contracts on blockchain can automate deed transfers, title verification, and payments - reducing middlemen
3. Platforms like Republic, RealT, and LoftyAI are already tokenizing real estate for investment
4. Major financial players like BlackRock are entering the blockchain real estate space
5. New Silver is originating blockchain-based real estate loans funded by accredited investors
Kirill sees blockchain disrupting and simplifying many aspects of real estate within 5-20 years as adoption grows. The technology has huge potential but will face regulatory and implementation challenges.
Connect with Kirill:
LinkedIn: https://www.linkedin.com/in/prankstr25/
Visit us at:
Investor Portal: https://appelmangroup.investnext.com/
Website: https://lnkd.in/g66wqQ7g
Linkedin: https://lnkd.in/g2Fu2BZD
Facebook: https://lnkd.in/gVjbUi3p
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.