Furthermore, real estate experts predict that this drop will continue through 2025. The problem is transparency – a void that has long defined a real estate industry dominated by insiders and relationship networks that exploit information gaps to the detriment of everyone else. Rentberry, a long-term rental application built on consensus blockchain ledger technology, is one company leading this innovation charge. Rentberry’s emergence coincides with the cryptocurrency boom that saw bitcoin surpass $6,000 in October and a transformative real estate market that is increasingly accepting virtual currency to fund property purchases. Developed by Alex Lubinsky, Lily Ostapchuk and Aleksey Perfilov, Rentberry embodies the rich cross--section of the founders’ backgrounds in finance, real estate and software engineering, respectively.

Source: Huffington Post October 26, 2017 20:15 UTC