In this video, I explain the concept of real estate digitization and how ReadCircles aims to address the challenges in this process. I discuss the transition from the real world to the digital world, the role of banking institutions, and the need for proven ownership and non-liability. I also highlight the slow and centralized nature of the current process and the potential of blockchain technology to revolutionize real estate digitization. No specific action is requested from the viewers, but understanding the importance of evolving data without erasing it is emphasized.
00:00 Introduction
00:57 Transition to the Digital World
02:54 The Cumbersome Process
05:36 Proven Ownership and Non-Liability
07:31 The Role of Banks
10:26 Blockchain-based Digital World
13:39 Documents on the Blockchain
15:15 Decentralized Identity
16:10 Conclusion