The MIT Center for Real Estate recently announced that May 19th and 20th will see it will host the World Real Estate Forum, an gathering of more than 300 industry leaders, faculty, researchers and alumni who will engage in a wide-ranging conversation about the global real estate industry, including special session on blockchain and its implication for commercial real estate.
The event will take place at MIT Media Lab in Cambridge and will feature five expert panels of thought leaders from over 20 countries, along with “The Edge Sessions,” a series of conference tracks in which participants may engage directly with MIT faculty and researchers on innovations in real estate.
Director of the MIT Center for Real Estate and the Daniel Rose Associate Professor of Urban Economics and Real Estate, Albert Saiz said: “The MIT Center for Real Estate has a rich, 33-year history of pioneering research, providing a rigorous, multidisciplinary master’s degree program, and spurring innovation in international real estate. One way we achieve our mission is by uniting industry thought leaders with MIT’s distinguished faculty, researchers and alumni each spring.”
Topics to be discussed will include:
• Across Borders: Global City Building
• Growth Markets, Development Opportunities: Latin America
• Growth Markets, Development Opportunities: Africa & Middle East
• Global Impact: New Roles for Sovereign Funds
• Debt, Equity and Innovation: How Cross-border Capital Flows Propel Development
Blockchain technology has the potential to be highly useful in a number of areas that will be reviewed. In the ‘Edge Sessions’, topics such as the impact of autonomous vehicles on commercial real estate will be reviewed, which could include the use of smart contracts and their relevance to the real estate world. Other uses of the technology for real estate include using blockchain to secure land titles, as Factom is currently doing in Honduras.