The country’s first blockchain-only real estate trade involved 10 acres of land just north of Los Angeles County.
The sale was made through a platform developed by Palo Alto-based real estate startup Propy. The company’s platform records the information of the sale — the purchase agreement, payments, and other essentials — on the public Ethereum blockchain. The amount was unknown.
An unnamed New York-based buyer paid a California seller in Bitcoin for the 10 acres of land in Kern (1 comments)