Blockchain technology can be used for mortgages to give them a complete makeover. It can increase the efficiency of the whole process, making it easier and more convenient for all the parties involved. With the help of blockchain mortgages, the data or information needed to assess as well as approve the loan application would be stored in a highly secure manner on a network where these ledgers would be automatically updated and that too in real-time.
About the Author: Ravi
