Real Estate Platform Uses Blockchain for Property Transfer
Ubitquity, the blockchain-powered real estate has undertaken the first real estate property ownership transfer using the cryptocurrency technology. According to the company they conducted the transaction through the Colu Coloured Coins protocol. In 2015, the company tasked themselves with creating a platform as a proof of concept using the blockchain, and by the beginning of 2016, Ubitquity had created a basic user interface allowing users to test the system and record real estate on the blockchain. In a statement, Nathan Wosnack, founder & CEO of Ubitquity said that by utilizing the....
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Peer-to-peer transfer agent Ubitquity (Ubitquity.io) has announced the release of its blockchain-powered real estate platform, which it says will “revolutionize” the US real estate industry. Ubitquity launched the prototype Thursday with the aim of adding full transparency to real estate transfer. In a press release issued the same day, CEO Nathan....
Ubitquity is a blockchain-based real estate platform that provides secure recording, tracking, and transferring of property deeds. Bitcoin.com spoke with its founder and CEO, Nathan Wosnack, on how it will not only revolutionize land registry and prevent fraud, but also increase the value of your house, and why his company picked the Bitcoin blockchain.....
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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....
The Bitcoin cryptocurrency is increasing its popularity all around the world, but many experts support the argument that the real revolution is the Blockchain. An event about real estate and the Blockchain. As we know, the Blockchain has many applications and it can be used in any industry, including the real estate market. In this industry, the Blockchain can be used for property registry and cataloging, transactions, title insurance, security/anti-fraud, and for other key points of enhancement or disruption. Bitcoin’s technology could also be useful for crowdfunding, and for the....