Sid Bhatia, Samuel Gedal, Himaya Jeyakumar Grace Lee, Ravinder Chopra, Daniel Roman, Shrijani Chakroborty
{"title":"Crypto Market Analysis & Real-Estate Business Protocol Proposal | Application of Ethereum Blockchain","authors":"Sid Bhatia, Samuel Gedal, Himaya Jeyakumar Grace Lee, Ravinder Chopra, Daniel Roman, Shrijani Chakroborty","doi":"arxiv-2405.02547","DOIUrl":null,"url":null,"abstract":"This paper examines the dynamics of the cryptocurrency market and proposes a\nnovel blockchain-based protocol for real estate transactions. Our analysis\nincludes a detailed review of price trends, volatility, and correlations within\nthe cryptocurrency market, focusing on major assets like Bitcoin, Ethereum, and\nTether. We provide a critical assessment of the impact of significant market\nevents, such as the FTX bankruptcy, highlighting the vulnerabilities and\nresilience of the crypto market. The study also explores the potential of\nblockchain technology to innovate real estate transactions by enabling the\nsecure and transparent handling of property deeds without traditional\nintermediaries. We introduce a blockchain protocol that reduces transaction\ncosts, enhances security, and increases transparency, making real estate\ntransactions more accessible and efficient. Our proposal aims to leverage the\ninherent benefits of blockchain to address real-world challenges in real estate\ntransactions, providing a scalable and secure platform for property sales in a\nglobal market.","PeriodicalId":501487,"journal":{"name":"arXiv - QuantFin - Economics","volume":"28 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"arXiv - QuantFin - Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/arxiv-2405.02547","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This paper examines the dynamics of the cryptocurrency market and proposes a
novel blockchain-based protocol for real estate transactions. Our analysis
includes a detailed review of price trends, volatility, and correlations within
the cryptocurrency market, focusing on major assets like Bitcoin, Ethereum, and
Tether. We provide a critical assessment of the impact of significant market
events, such as the FTX bankruptcy, highlighting the vulnerabilities and
resilience of the crypto market. The study also explores the potential of
blockchain technology to innovate real estate transactions by enabling the
secure and transparent handling of property deeds without traditional
intermediaries. We introduce a blockchain protocol that reduces transaction
costs, enhances security, and increases transparency, making real estate
transactions more accessible and efficient. Our proposal aims to leverage the
inherent benefits of blockchain to address real-world challenges in real estate
transactions, providing a scalable and secure platform for property sales in a
global market.