Postponed Blockchain Transformation of Land and Property Markets. The Case of Sweden

There are few remaining doubts that blockchain has the capability of reorganising the way cities are built, real estate assets are formed, owned, traded, and financed. These expectations are based on the promise that blockchain can make knowledge exchange faster, cheaper, and more transparent. As a growing number of public and private organizations attempt to capitalize on these opportunities, adoption at scale is still far from being realized. Both enthusiasts and critics of using blockchain in real estate transactions often point to the same obstacles that make the technology adoption difficult. These commonly include technical, legal and governance issues (…)