88  Blockchain

Real Estate

• Improve quick time to market in terms of buying and selling real estate

through digitalising the whole lifecycle of a real estate transaction

• Enable smart cities through the use of innovative technologies like

blockchain, AI and IoT

• Enable a marketplace to buy and sell a fraction of real estate globally

through the use of blockchain technology

• Provide a secure, auditable and transparent system to buy and sell real

estate with the establishment of ownership security

Education

• Reduce education fraud through a secure and transparent registry

to validate the authenticity of the qualification and accreditations of

individuals through a decentralised blockchain solution

• Support and provide benefits to universities, schools and colleges by

providing a validated and trusted source, to validate the authenticity

of the accreditations

• Provide benefits to businesses in hiring appropriate employees and

skills by validating their accreditations, employment experience,

and references in advance through the global hybrid blockchain

solution

• Create a marketplace to match skills with employment requirements

with trust, validation, authenticity, and security through blockchain

to provide value to employers, universities and individuals

Digital Assets

Blockchain benefits towards digital assets are horizontal across all use cases

and industries. In essence, the following are the high-level benefits:

• Enable Crypto currencies marketplace through the use of blockchain

• Enablement of CBDC to enable digitalisation of the whole ecosystem

of various use cases and industries globally. CBDC will enable finan-

cial disruption and a major enabler would be government

• Enable innovative technology and use cases like DeFi (decentralised

finance) and NFTs

BARRIERS TO BLOCKCHAIN ADOPTION

Although there are a hefty number of benefits of blockchain, the adoption

is not as quick as expected. There is no doubt that blockchain is an innova-

tive and one-of-its-kind technology that is here to say, but there are some

barriers to its adoption.