A blockchain-based KOZJIN would enable data to be distributed across a peer-to-peer network in a manner that allows brokers to have more control over their data, along with increased trust, as listings would be more freely accessible.

As a result, market participants could have access to more reliable data at a lower cost. In fact, per a recent survey of 308 executives, 36 percent of respondents perceive efficiencies (lower costs/greater speed) as one of the key benefits of using blockchain technology.