This thesis analyses the potential application of Blockchain Technology in the real estate market and explores the way in which this innovative technology can improve existing systems and processes within the industry. The real estate market, as a cornerstone of every nation’s economy, is continuously undergoing changes and adjustments to various challenges. Addressing the lack of transparency, slow transactions and high costs can only be achieved through new technologies, as it is nearly impossible to resolve these issues simply through behavioural changes and alterations in regulations, habits or inherited market processes. Blockchain technology, through its distributed database, offers potential solutions for transparent and secure transactions and the elimination of unnecessary intermediaries, as well as time savings in finalizing transactions and the application of smart contracts. By implementing the Blockchain Technology it is possible to achieve greater transparency among stakeholders and easier enforcement of property rights. Digital registries that are accessible to all participants would reduce the need for lengthy checks and the use of third parties or institutions that naturally require longer processes. Furthermore, Blockchain enables faster and more secure transactions as is reduces the risk of data theft and manipulation, also without the need for third parties and additional costs. Smart contracts could automate key processes in property transfers and payments, but also replace notary services and formal declarations. This would not only save time but also reduce the risk of human error and therefore enable quicker contract executions.