Eliminating Intermediaries and Reducing Fraud with Blockchain with Kirill Bensonoff - REIA 471

We'd love to hear from you. What are your thoughts and questions?In this episode, Allen Lomax interviews Kirill Bensonoff , the co-founder and CEO of New Silver, about the impact of AI on real estate investing. Kirill explains how New Silver uses technology and data to improve underwriting and origination processes in real estate investing. He also discusses the use of AI and blockchain in the industry. Kirill highlights the convenience and time-saving benefits of using AI tools like ChatGPT for passive investors. He also explains the basics of blockchain technology and its potential applications in real estate, such as speeding up settlement processes and fractionalization of property ownership.TakeawaysNew Silver uses technology and data to improve underwriting and origination processes in real estate investing.AI tools like ChatGPT can save time and help passive investors find suitable investment opportunities.Blockchain technology has the potential to speed up settlement processes and enable fractionalization of property ownership.Blockchain can also eliminate the need for intermediaries like title insurance companies and reduce the risk of fraud.The challenges in the fintech industry include market cyclicality, changes in work patterns, and uncertainties that affect technology development.Connect With Kirill Bensonoff:[email protected]://newsilver.com/https://www.facebook.com/newsilverlendinghttps://www.instagram.com/newsilverlending/https://www.linkedin.com/company/new-silver/