Speaker Bill Lublin (CEO of Social Media Marketing Institute) addressed a sizable audience on the topic of CryptoCurrency, and the lack of understanding thereof.
Miners, hashes, ledgers, and algorithms… Mr. Lublin helped to unravel some of these mysteries
With every new article about blockchain and bitcoin real (or unreal) estate transactions, the future of the industry seems to be veering off the rails. Add to that artificial intelligence, machine-learning. Now, large real estate franchisors declaring themselves technology companies, rather than real estate companies, brokers and agents, are surely wondering what’s going on, how it’s going to impact consumers and what all of this means to their businesses.
Mr. Lublin strongly suggested that you do your homework before getting involved in any activity and certainly in any ICO’s (Initial Coin Offerings), based upon the overwhelming number of ICO scams.
It will be interesting to see where this concept goes over time, and how it may or may not affect the real estate industry or processes in the near and distant future.
Clear as Mud!