Canadian Realtor Accepts Bitcoin Deposits for Residential Properties
Yet another real estate firm has begun accepting bitcoin downpayments on its property, this time in British Columbia, Canada. Abbotsford-based Quantum Properties began accepting bitcoin deposits on Wednesday for properties it sells in the area. The firm, formed in 2000, builds multi-family residential and commercial/retail buildings. "For accepting deposits, bitcoin payments actually works very fast for us. We can be assured of the deposit within an hour while we finish our customer's paperwork," said president and CEO Diane Delves, who added that traditional fiat deposits took a few days....
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Several properties built by Quantum. Image source: quantumproperties.ca. A Canadian real estate development firm has announced that from today on, they'll be accepting deposits for their properties for sale. Quantum Properties, based in Abbotsford, Canada, is the first large property developer to make such a move. "We've decided as of today that we'll take deposits using bitcoin," said the company's CEO, Diane Delves in an interview with Business in Vancouver. "I've been looking at bitcoin for quite a while. I like to try to keep up with current trends," she stated. "Why not get in on it?"....
Red Deer, Canada-based realtor Bryce Kander is looking to sell his 3.3-acre property in an area called Gasoline Alley for $1 million. But this isn't any ordinary listing. Kander has made the decision to accept bitcoin, should a buyer be interested. The property is a two-story, 2410-square-foot dwelling with four bedrooms and two bathrooms. It the largest property available for bitcoin in Canada, and Kander says he's dead serious about accepting the digital currency, noting his intentions are anything but a gimmick. "It's for real," he said to the Red Deer Advocate. "It's not your typical....
Quantum Properties, a Abbotsford, British Columbia based company, will now accept Bitcoins as payment for their vast selection of condominiums across the Fraser-Valley and the Lower Mainland of B. C. Quantum Properties' Vancouver office is located right next to Vancouver's Bitcoin ATM was well. With a selection of both high-rise and low-rise residential condos, as well as being in the tech-savvy area of Greater Vancouver, Quantum Properties is one of the real estate developers to accept Bitcoin in the Vancouver area. President and CEO of Quantum Properties, Diane M. Delves, said: "I like....
Blockchain technology and smart contracts are helping to expand the residential mortgage market beyond the grip of big banks and governments. Decentralized mortgage lender Bacon Protocol has minted its first seven mortgages as nonfungible tokens, or NFTs, offering investors and borrowers new options for accessing the residential mortgage market. The interest rate for each NFT mortgage ranges from 1.5% to 3.1% on properties in four U.S. states, the company disclosed Wednesday. That’s the interest rate borrowers pay after minting their mortgage through Bacon Protocol. By comparison, the....
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000. MintGreen, a Canada-based cleantech cryptocurrency miner, will be partnering with the Lonsdale Energy Corporation to supply heat to residents of North Vancouver in British Columbia starting in 2022.In a Thursday announcement, MintGreen said its “digital boilers” — which it claims can recover more than 96% of the electricity used for Bitcoin (BTC) mining — will prevent 20,000 metric tons of greenhouse gases per megawatt from entering the atmosphere....