ABN Amro Tests Blockchain for Real Estate Transactions

ABN Amro Tests Blockchain for Real Estate Transactions

ABN Amro has begun a new blockchain pilot focused on real estate transactions. The Dutch bank said yesterday that it is working with IBM to develop a system in which buyers, sellers, brokers and regulators (among other parties) can share and record real estate transactions. According to ABN Amro, the proposed system would support connectivity with regulators such as the country's central bank and the Land Registry Office. In its announcement, ABN Amro suggested that the pilot could ultimately lead to new kinds of client-facing services. The bank said in a statement: “This latest pilot is....


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