Perspectives

1 total work

Digital Bricks and Mortar

by John Reynolds

Published 11 July 2024

The digital age has revolutionized nearly every aspect of our lives, from communication and commerce to entertainment and education. Yet, amid this transformative wave, one industry remains stubbornly entrenched in the past: the property market. Consumers are left to navigate a labyrinth of antiquated processes, plagued by ­delays, inefficiencies and a pervasive lack of transparency. This cumbersome system is further jeopardized by an ever-increasing list of market-impacting outages triggered by ­cybersecurity breaches, compromising the security and integrity of transactions.

But we are on the cusp of a transformative era driven by the convergence of various cutting-edge technologies that are poised to revolutionize the way we buy and sell property. This book is essential reading for anyone seeking to understand and navigate the rapidly evolving landscape of digital property and mortgage transactions. It offers a nuanced understanding of the transformative forces that are shaping the digital property market, and it provides a stark warning to market incumbents on the need to evolve their business models, their technology and their cybersecurity capabilities.