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Top News on Digital REvolution in Real Estate

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Top News on Digital Disruption in Real Estate

3D printing, online crowdfunding, bitcoin... it is well known that technology is reshaping the world of real estate. Discover the opportunities & drawbacks of digital technology within the real estate sector with this news review including insights from students & academics!

By MIPIM on February 18, 2015 0 Comments

The Digital Disruption in Real Estate

RYAN PRICE: Technology to bring construction into the 21st century

From
businessinsavannah.com
– Today, 3:41 AM

Most people affiliate innovation, technology and creativity with Silicon Valley companies, not the construction industry.

	Liz Henderson‘s insight:
	This new mobile technology can help bring efficiencies to projects that haven’t occurred before. These kiosks come to the construction site itself and all plans and changes are made in real time. This allows better collaboration and can speed up the construction process.

Crowd Due Diligence

From
www.crowddd.com
– February 13, 9:54 PM

Norm Miller‘s insight:

Crowd DD is a new site that serves as a one stop source for finding, researching and sharing crowdfunding platforms and equity/debt investments for Real Estate. It allows accredited investors to exchange knowledge of deal participants, their track records and more. Seems like a really good idea considering there are 146 crowdfunding sites out there right now. This should help enable investors to compare fees, learn what questions to ask and examine risk profiles. Glad to see this kind of thing emerging.

New Site Offers Due Diligence for Accredited Investors Interested in Equity CrowdFunding

From
www.forimmediaterelease.net
– February 12, 5:57 PM

“Accredited Investors have more deals than ever to choose for investment. Until now, these investors were like kids in a candy shop – it an investment looked tasty, they bought in. Due diligence on crowd investment projects was not done due to lack of time and resources. A new site, CrowdDD.com changes all that.”

Clarence Wong‘s insight:

Accredited investors typically don’t have the ability or time to do their own due diligence on real estate crowdfunding deals. Now, they can turn to CrowdDD.com for due diligence and business intelligence services for crowdfunding deals not only on real estate, but also on start-ups and businesses.As a side benefit, CrowdDD.com also acts as a third-party auditing firm and has already vetted out some bad crowdfunding deals, resulting in revised deal terms or platforms removing the deals all together.

Big data digest: The backlash begins

From
www.pcworld.com
– February 15, 7:34 PM

Critics diagnose the limits of big data, while analysts continue to see a bright future

	Victor Alfonso‘s insight:
	Big data will become more important as we discover new methods and programs to interpret the information. Reducing noise and increasing consistency are top priorities for data scientists.

Pune-based Chizel wows architects and builders with 3D printed ‘smart models’

From
yourstory.com
– February 13, 4:20 PM

Chizel Prints, a Pune-based venture has taken 3D printing mainstream by applying its technology in architecture, real estate and marketing. It delivers miniature, scaled down 3D printed models of residential buildings, apartment complexes, shopping malls, […] all equipped with superior automation, wireless integration application and electronics.

Clarence Wong‘s insight:

It’s exciting to see the different directions 3D printing is going. Chizel Prints has now combined elements of building information modeling (BIM), smart cities, and 3D printing to come up with 3D printed models of smart cities. These scaled down ‘smart models’ are wireless and simulation can be controlled via mobile app. More importantly they have helped reduce project lead time to nearly 50%. Talk about efficiency.

Hong Kong lawmakers urge ban on bitcoin as scam victims turn to police

From
www.reuters.com
– February 12, 5:10 AM

HONG KONG (Reuters) – Hong Kong lawmakers on Wednesday urged authorities to ban bitcoin as more than 25 people flocked to police headquarters to complain over a scam involving the digital currency that

Liz Henderson‘s insight:

Since the inception of Bitcoin, many have expressed concerns about security. Because the money is not currently regulated, governments are concerned about using the digital currency to avoid taxation and the lack of control associated with the currency. Another main concern has been the difficulty in addressing criminal activity effectively due to the anonymous nature of the digital currency itself. Before investing with Bitcoin, it is important to know whom you are working with and what the risks are.

This year at MIPIM, it’s Digital Showtime!

Click here to discover the MIPIM 2015 conference programme including “Digital Economy Challenges Real Estate Sector: Disruptors at the Door”.

Image credit: www.equipmentworld.com

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