What do Cocktails have to do With Blockchain?

July 10, 2018

Have you ever found yourself in a cocktail conversation where it was not entirely clear that everybody had the same level of knowledge about the topic?

Blockchain, distributed ledger technology (DLT) and smart contracts are the kinds of topics that can be difficult for everybody to approach with the same level of understanding.

Members of ALTA’s Real Property Records and Technology committees want to help create a realistic picture of what is possible with various technology solutions. Informed professionals need to feel confident so that they can steer the conversation, ask good questions and discern real information from a bluff.

A workgroup has been established to help interested ALTA members understand blockchain, DLT and smart contracts as technology solutions. The group wants to develop tools professionals can use to evaluate news and information, ask practical questions and further study reliable source material.

ALTA members need a realistic picture of what is actually happening with blockchain, smart contracts and DLT in order to recognize the risks and opportunities of this method of furthering knowledge.

The conversation is less about whether blockchain will take away your job and more about needing to have an awareness of the where practical applications of blockchain technology are likely to develop in title, mortgage and closing. 

For more information, or if you would like to nominate someone to participate in ALTA’s blockchain workgroup, contact Justin Ailes, ALTA’s vice president of government and regulatory affairs, at justin@alta.org.

Contact ALTA at 202-296-3671 or communications@alta.org.