Amazon stunned the financial world when it announced that it had agreed to purchase Whole Foods, the high-end grocery store. On the day of the announcement, grocery stock took a dive. The convergence of technology, automation, artificial intelligence and buyer expectations is changing the global economy at a rapid pace. Elon Musk says, “If your job can be automated, it will be automated”. How long will it be before Amazon starts originating mortgages and selling homes?
How Blockchain Technology Will Unleash Trillions of Dollars in Real Estate Value
I don’t consider myself an expert in blockchain technology – at least not yet. Cryptocurrencies and NFTs (non-fungible tokens) both use blockchain technology. That’s what gives them value. However, very few people can explain what blockchains are or how they work.