About 13 percent of real estate firms used smart contracts, according to a 2023 survey among 750 CFOs at major companies worldwide. A smart contract is a digital contract stored on the blockchain. These contracts are automatically executed once the predetermined contract conditions are met. Approximately 21 percent of respondents shared that their firm was in early-stage adoption, while 29 percent were piloting the technology. Meanwhile, about nine percent of industry experts were not interested.
Level of adoption of smart contracts according to real estate industry experts worldwide in 2023
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Deloitte. (September 20, 2023). Level of adoption of smart contracts according to real estate industry experts worldwide in 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1477717/smart-contracts-in-real-estate-2023/
Deloitte. "Level of adoption of smart contracts according to real estate industry experts worldwide in 2023." Chart. September 20, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1477717/smart-contracts-in-real-estate-2023/
Deloitte. (2023). Level of adoption of smart contracts according to real estate industry experts worldwide in 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1477717/smart-contracts-in-real-estate-2023/
Deloitte. "Level of Adoption of Smart Contracts According to Real Estate Industry Experts Worldwide in 2023." Statista, Statista Inc., 20 Sep 2023, https://www.statista.com/statistics/1477717/smart-contracts-in-real-estate-2023/
Deloitte, Level of adoption of smart contracts according to real estate industry experts worldwide in 2023 Statista, https://www.statista.com/statistics/1477717/smart-contracts-in-real-estate-2023/ (last visited November 21, 2024)
Level of adoption of smart contracts according to real estate industry experts worldwide in 2023 [Graph], Deloitte, September 20, 2023. [Online]. Available: https://www.statista.com/statistics/1477717/smart-contracts-in-real-estate-2023/
