blockchain real estate transactions: First Blockchain [Cybercurrency] Real Estate Deal Closes in the U.S.
- 03/12/18 04:56 PM
Look how fast things happen!!
Just about a month or so ago, many agents where laughing about Bitcoin, blockchain, and other cryptocurrencies, talking about how people won't use it to buy real estate. Hmmm...
Where did this transaction happen?
In Burlington, Vermont.
The first property to be sold this way in the United States.
It was sold entirely through the blockchain. Completely.
Etherum was the token used. This puts Vermont on the map.
Propy is a company in San Francisco. Propy handled the entire transaction including recording of the documents and contracts instead of using the city system.
Vermont is the first state to allow this kind of transaction … (55 comments)
|
|
|
|
Look how fast things happen!! 
;)
;)
;)
