‘Walk In With Your Eyes Open’: Navigating Blockchain And CRE

Our very own L.D. Salmanson was quoted in Bisnow on the state of blockchain and real estate

“[Blockchain] is going to change the world, but you have to walk in with your eyes open,” said L.D. Salmanson, one of the founders of real estate data network Cherre. “Be terrified of people saying ‘it’s changing the way ownership happens,’ and if they can’t explain it … be suspicious.”

“It’s not fixing title,” Salmanson said. “So long as there is no central agency willing to accept blockchain ledger of ownership as a definite proof of title, it will always be a shadow system.”