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3 Real Estate Professionals on the Impact of Cryptocurrency and Blockchain on the Industry

1. Ryan Serhant, real estate professional and star of Million Dollar Listing New York

"In the short term, cryptocurrency hasn't had a big impact on the real estate industry. But in the long term, I think it will definitely become more prevalent and be used to buy and sell property. I think blockchain will also have a big impact on the industry, making transactions more secure and efficient. Real estate is a conservative industry, so it will take some time for people to get used to these new technologies, but I believe they will eventually become mainstream."

2. David Jones, real estate professional and founder of the Blockchain Real Estate Association

"Cryptocurrency and blockchain will definitely have an impact on the real estate industry. In fact, I'd say they are already having an impact. Blockchain is a distributed ledger system that is secure and transparent, and that's a big deal for the real estate industry. It can help to reduce fraud and increase efficiency. Cryptocurrency is also starting to be used to pay for property, and I think that will become more common in the future. Real estate professionals who don't embrace these new technologies will be left behind."

3. Nadia Nosseir, real estate professional and professor at the American University in Cairo

"Cryptocurrency and blockchain are definitely having an impact on the real estate industry, but it's still too early to say what that impact will be. So far, we've seen a lot of speculation in the market, with people using cryptocurrency to buy and sell property without actually owning it. I think that will change in the future as people start to use cryptocurrency and blockchain for more legitimate transactions. It's still too early to say how this will play out, but I'm excited to see what happens."


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