First Real Estate Sale with Bitcoin Occurs in Denmark
The first property purchase using bitcoin has happened in Denmark. A real estate portal is responsible for facilitating the transaction along with Coinify. Bitcoin and blockchain technology are being increasingly used for purposes other than peer-to-peer transactions for which it was originally created. The potential uses of blockchain technology being currently assessed and developed include trade settlement and ownership solutions, file storage, transparent voting system, Digital identity management, rights management, public records, banking, real estate and governance. Bitcoin as a....
Related News
Coinify APS, a Denmark-based blockchain currency payment provider, is facilitating the first real estate purchase in Denmark using bitcoin. Coinify processed a transaction worth 117 BTC (290,000DKK, $50,000 USD). The Just-Sold group real estate agency signed up for a Coinify merchant account at the buyer’s request to accept the blockchain payment. The purchase was in process at this report, according to Coinify. The buyer of the residential property, who requested to remain anonymous, acquired the bitcoins from bitcoin mining over an extended period. The purchased property is in the town....
The Copenhagen-based blockchain currency service provider, Coinify ApS has just announced the first real-estate purchase in Denmark with Bitcoin. The transaction was just processed by Coinify’s merchant services and with the help of Just-Sold real estate agency. The blog post states: Founded in 2014 by Lasse Olesen, Coinify’s merchant services is one of the leading European payment processors and ranks 5th globally in the industry. According to Crunchbase, the business is backed by a multi-million dollar undisclosed capital injection from the Danish Government and Accelerance. The company....
Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....
A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin. Anyone Interested Can Pay 3.5 BTC for the Property Per an official announcement, Idealista is seeking to sell its first property via BTC in the wake of a “second revolution” seen in the crypto industry. The apartment is located in the center of Barcelona — close to the Rambla Catalonia — and the interested person should make all the arrangements online, said the....
Ragnar Lifthrasir, President of the International Bitcoin Real Estate Association, has become the new Director of Real Estate for Ubitquity. Ubitquity uses the blockchain to help prevent fraudulent transactions in real estate markets, while allowing an improvement on the settling of claims, and tracking the record of ownership across the entire real estate industry. We were able to interview Ragnar, discussing his new role as Director of Real Estate for Ubitquity. What are your thoughts on the Blockchain 2.0? Can bitcoin’s blockchain be improved upon vastly?