Blockchain Investments and Mining Opportunities for Real Estate Businesses
Cherniatina, Mariia (2023)
2023
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023060722567
https://urn.fi/URN:NBN:fi:amk-2023060722567
Tiivistelmä
Nowadays small or medium-sized enterprises (SMEs) in the field of real estate in Russia are facing many challenges due to exposed sanctions, political and economic decrease. This country was chosen particularly due to its unstable financial markets during crisis making the research problem more attractive for the analysis. The research problem was the drop of price of both Bitcoin and Etherium in contrast with the significant price rise in 2021.
This thesis aimed to discover whether blockchain investments and bitcoin mining opportunities are profitable in the field of real estate businesses, especially those located in Russia. Another goal was to share possible investment opportunities for real estate businesses and discuss the ways in which SMEs can use them in the future. The thesis supposes that the reader already has an insight of blockchain technology and does not explain the beginning of this industry, but rather focuses on the abilities to use it in the real world. Ultimately, the outcome of the thesis is the list of potential investments and bitcoin mining opportunities for further practical implementation in the commissioning party.
The study employed both qualitative and quantitative methods. The qualitative data was processed with a classification method, while the quantitative data was analysed with SPSS as well as technical analysis instruments. All the data was supported not only by the choice of literature, but also by in-depth analysis, interview and a survey. The thesis closely reviewed the graphs and evaluated the potential profitability levels.
The findings of the study confirmed the profitability of short-term blockchain investments. Therefore, recommendations for potential investments and blockchain integration for the commissioning party were provided in the end of the paper considering all the opportunities and drawbacks of a blockchain for the real estate sector. The advantages included increased efficiency, faster transactions, and cost savings. The thesis can be utilised by companies to review blockchain opportunities and integrate them into their business operations.
This thesis aimed to discover whether blockchain investments and bitcoin mining opportunities are profitable in the field of real estate businesses, especially those located in Russia. Another goal was to share possible investment opportunities for real estate businesses and discuss the ways in which SMEs can use them in the future. The thesis supposes that the reader already has an insight of blockchain technology and does not explain the beginning of this industry, but rather focuses on the abilities to use it in the real world. Ultimately, the outcome of the thesis is the list of potential investments and bitcoin mining opportunities for further practical implementation in the commissioning party.
The study employed both qualitative and quantitative methods. The qualitative data was processed with a classification method, while the quantitative data was analysed with SPSS as well as technical analysis instruments. All the data was supported not only by the choice of literature, but also by in-depth analysis, interview and a survey. The thesis closely reviewed the graphs and evaluated the potential profitability levels.
The findings of the study confirmed the profitability of short-term blockchain investments. Therefore, recommendations for potential investments and blockchain integration for the commissioning party were provided in the end of the paper considering all the opportunities and drawbacks of a blockchain for the real estate sector. The advantages included increased efficiency, faster transactions, and cost savings. The thesis can be utilised by companies to review blockchain opportunities and integrate them into their business operations.