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Why Is the Blockchain Technology Valuable?

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Assume a whole new technologies are developed which could allow many parties to transact a true estate deal. The parties celebration and complete the important points about timing, special circumstances and financing. How these parties know they can trust the other person? They might ought to verify their agreement with others - banks, legal teams, government registration etc. This brings them back to where i started in terms of while using the technology to avoid wasting costs.

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