King
@0xkral
Owning property in Nigeria shouldn’t be this risky. Fraud, disputes, and lost documents—here’s why blockchain is the only real solution. A Thread 👇
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King
@0xkral
1/8 In Nigeria, buying property is often more stressful than it should be. Ownership disputes, fraudulent land sales, and lack of transparency are rampant. But what if blockchain could be the game-changer the Nigerian real estate market needs?
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King
@0xkral
2/8 Real estate fraud in Nigeria is a multi-billion naira problem. Property ownership disputes can drag on for years, costing both buyers and sellers fortunes in legal fees. The system is broken, and it’s hurting millions of Nigerians.
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King
@0xkral
3/8 Take Omo-Onile fraud as an example, where fake sellers illegally sell land they don’t own, often leading to multiple buyers for the same property. This has left many buyers fighting costly legal battles just to claim what’s rightfully theirs.
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King
@0xkral
4/8 Now, imagine a world where every property sale is transparent and verifiable. Blockchain technology could make this a reality by creating a public, immutable ledger for property transactions—preventing disputes before they even happen.
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