One of the biggest developments underpinned by blockchain technology has been that of smart contracts. A smart contract is essentially a computer code which can self-execute as well as self-enforce the terms and conditions laid out in a legal agreement. Due to the decentralised nature of blockchain – a smart contract can bypass expensive ‘middlemen’
Real Estate Threatened By Blockchain
July 20, 2018 by
Buying a house is no easy feat, once you or your real estate agent have found the right home, acquired the funds and once all parties have agreed terms it should all be relatively straight forward right? Wrong. With today’s real estate’s playing a huge role as a neutral third party, this, more often than
Propy facilitates California’s first blockchain-based real estate deal
July 19, 2018 by
Decentralized title registry firm Propy Inc. says it’s just completed the first comprehensive blockchain-recorded property deal in California.