Here’s how Crypto will transform the Real Estate Market

The real estate market stands as one of the largest industries worldwide and is one of the deep rooted avenues for wealth-building.

Having reached an impressive value of $3.9 trillion in 2023, the global real estate market reached is projected $7.03 trillion by 2034. However, despite being a large-scale industry with a massive economic importance, the space is plagued with inefficient practices, such as charging high agent fees, that puts buyers at a disadvantage, drive up costs and add to the financial burden.

As for cryptocurrency payers, the process comes with its own challenges. Though cryptocurrency transactions are much faster compared to traditional wire payments, when it comes to such a heavily regulated industry like real estate, working through restrictions and technicality creates a barrier for even crypto-savvy buyers.

Also remember guys, this is not financial advice and I am not a financial advisor. This is just me expressing my opinion.