City of Rotterdam will Record Lease Agreements on a Blockchain

City of Rotterdam will Record Lease Agreements on a Blockchain

In a notable endorsement and application of blockchain technology, the Dutch City of Rotterdam is working with Deloitte Netherlands and the Cambridge Innovation Center (CIC) to develop a real estate blockchain application to record lease agreements. First announced by Deloitte Netherlands, the aim of the blockchain pilot project is to conclude legally binding lease contracts “faster and easier” before eventually monitoring rental payments as well. “By implementing additional blockchain applications in the real estate industry, transaction times and costs can be reduced further,” stated Jan....


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