The mortgage industry is a relatively slow-paced industry when it comes to its various stages and processes. There’s a lot of friction between each stage that makes it cumbersome to issue a loan. However, with the advent of blockchain technology, the industry has been revolutionized to quite an extent.
We all know that Blockchain technology is acting as the fundamental framework upon which businesses are building their processes. The mortgage industry, being one of the slower sectors, has immense scope for improvement. Blockchain can cause this improvement by paving the way for a digital mortgage.
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