With several stakeholders, such as government organizations, real estate agents, intermediaries, and financial institutions involved in the mortgage processing, Blockchain enablement delivers better customer experience, keeping the transaction simple, fair and transparent.
- Inherent lack of trust and friction between the players and consumers
- Accuracy of records
- Demand for faster business processing
- Transparency and trust throughout the course of the transaction
- A unified view of records from multiple parties
- Improved process efficiency leading to faster mortgage processing