In 2019, PwC estimated that as much as $900Bn dead capital is locked up in Nigeria’s residential and agricultural real estate market.
In certain countries, blockchain technology has been successfully implemented in the real estate sector.
Despite this significant growth of blockchain technology in Nigeria, its integration into the real estate market remains limited.
In the following paragraphs, we have a case for why blockchain technology should be ingrained in Nigeria’s real estate ecosystem.
In conclusion by leveraging blockchain technology in these various ways, the real estate market in Nigeria can experience increased efficiency, transparency and accessibility which drives growth and innovation in the industry...
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