SAN DIEGO—Blockchain technology hasthe potential to fundamentally change commercial real estate. Sosaid panelists at the recent CREW Network and MarketplaceConvention here in San Diego.

“Our industry takes pride in keeping aspects of operationssecret in order to create a competitive advantage—including leasetransactions, property prices, and valuations. However, secrets arehard to keep—and may not even be desired—in today's hyper-connectedand digitized world,” panelists said. “Consider a commercial realestate world—similar to the record industry and publishing—where agreater demand for transparency, technology advancements anddisintermediation is gradually making some of this informationpublic through Blockchain.”

The topic of Blockchain was still very new to many of theaudience members sitting in the session on Thursday, with manyasking the panelists to stop and dumb it down for them in the hopethat they will understand more about how it may impact theirwork.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.