The mortgage industry has been talking about ending its ‘Paper-Palooza’ for at least 20 years as we linger behind other industries like healthcare and insurance. While presently enjoying a surge in innovation and investment, it’s just a small spark. Digital technology opportunities span the entire ecosystem, bound only by the willingness of its participants.
Artificial intelligence (AI) and machine learning (ML) are the most understood and deployed, thereby leading the way in these early stages. Blockchain, on the other hand, is more “fuzzy” to many, yet has a persuasive cast of evangelists.
There are companies, and even countries, being built on blockchain tech, such as Figure and Liquid Mortgage. Estonia is blockchain crazed, starting with its own government entities, promoting exponential business growth. They apparently began 20 years ago. Sweden and the UAE are said to be leaders in mortgage blockchain.
In U.S. mortgage, there appear to be more theoretical blockchain use cases...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...