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byungwan park
@ohoo
If Web3 could streamline one aspect of real estate, it would be title and ownership verification. Why it’s overdue: Current title systems are outdated, slow, and prone to human error and fraud. Verifying property ownership across borders or jurisdictions can take weeks and costly intermediaries. Duplicate records and unclear claims cause legal disputes and lost trust. How Web3 fixes it: Immutable, on-chain records ensure transparent, tamper-proof ownership history. Smart contracts automate transfers, escrows, and payments—no middlemen needed. Global access enables anyone to verify property rights instantly and securely. Web3 brings trust, speed, and efficiency to a process that’s been stuck in the paper age.
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