By: Michael Nadeau, Director of Ecosystem Strategy
Data is the golden goose.
Just ask Google. Facebook. Netflix. Amazon. Etc, etc.
These companies wall off data networks, and then charge for access to data or charge for a proprietary service based on proprietary data.
There is nothing wrong with this. They have fantastic business models.
These networks leveraged the infrastructure offered by internet protocols at the time.
However, *Blockchains* fundamentally change this.
Blockchains allow the actual owner or creator of the data to control it. To transfer it. To monetize it.
Imagine if you could control your data and sell it to Facebook? That’s Web 2.0 to Web 3.0
Here’s how Commercial Real Estate owners can use blockchain technology to benefit:
1. Create a digital twin of the asset
2. Underpin it with trusted, validated, and credentialed data pertaining to the asset (using AI)
3. Price it monthly rather than quarterly or annually (enhance liquidity profile)
4. Fractionalize the asset – move it to a platform to administer fund services, seek investment, and automate waterfall calculations
Blockchains allow asset owners to control and *monetize* their data in ways that were previously not possible.
Check out Inveniam and Apex Group Ltd to learn how we can help you with this.