Kevin Shtofman,Deloitte's global technology strategy lead for real estate
NEW YORK CITY—Kevin Shtofman, who heads global technology strategy for Deloitte's real estate group, says 2018 was the year for testing blockchain. He adds 2019 is the year companies are assessing its value. And 2020 will be the year the technology will be adopted on a far greater scale in the real estate industry.
In February 2018, Shtofman spoke at a CoreNet Global New York chapter event, where he provided an introductory explanation to a packed room, on the basics of what blockchain is and how it could be used in real estate. It's the technology that enables cryptocurrencies, and in simple terms is a database. It's an electronic ledger that records a list of transactions that cannot be edited, functioning simultaneously across multiple computers on a peer-to-peer network.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
