In this interview, Tony Giordano, a real estate crypto disruptor, discusses with the host the evolution of using cryptocurrency in real estate transactions. Initially, Bitcoin was considered as a direct payment method for properties, but now it's more common to borrow against crypto assets to obtain traditional mortgages. Giordano explains how blockchain technology and crypto are being integrated into both residential and commercial real estate, including tokenization of properties for investment purposes, especially for foreign nationals. He also introduces the concept of transferable mortgage bonds using AI and blockchain to allow homeowners and commercial property owners to transfer their existing interest rates to new properties. Giordano emphasizes the potential for significant cost and time savings through blockchain technology in real estate transactions and envisions the entire industry operating on the blockchain within the next decade.
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