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ARTICLE · 29 JANUARY 2019

Retail Sector Has Most To Gain From Disruptive Technology, Say Real Estate Professionals

Intertrust
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Real estate professionals are bullish about how blockchain technology will give rise to the growing popularity of smart contracts.

GlobalFinance and Banking
Jon Barratt
Jon Barratt
Michael Johnson
Michael Johnson
  • 81% of real estate professionals believe the retail sector will deliver the biggest returns through disruptive technology
  • Industry predicts digital innovation will support better investment decision-making and returns 
  • Cyber security and cost of upgrading IT infrastructure seen as greatest risks
  • Smart contracts to replace manually produced agreements by 2024 
  • Virtual reality and drones predicted to play a bigger role in real estate sector

Real estate investors ranked the retail sector as offering the most potential for value creation through disruptive technology ahead of the logistics and office sectors, all of which can benefit from technologies such as smart buildings, the Internet of Things and data analytics. according to new research.

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