California Startup Uses Blockchain for Real Estate Deals From LA to Dubai and Moscow
The real estate industry is in urgent need of an organized, structured, secure and efficient data management system that would enable investors and brokers worldwide to rely on a comprehensive real-time database. Propy, a California-based Blockchain startup, intends to simplify real estate sales for both brokers and consumers using Blockchain. Propy is currently available in Dubai, New York, San Francisco, Los Angeles, Miami and Moscow. In these cities, consumers can purchase real estate properties by establishing a connection with a real estate broker on a Blockchain-based platform.....
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According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and cryptocurrencies.
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The Dubai-based real estate developer, DAMAC Properties, has since the beginning of the year completed cryptocurrency deals worth....
For Loyyal, participating in the Dubai Future Accelerators program is invaluable. The blockchain startup will work with Dubai Holding, who focus their attention on hospitality and real estate The name Loyyal may not ring a bell for most blockchain enthusiasts right now. Even though the company is focusing on global loyalty reward schemes, they have been flying under the radar. That was until earlier this week when the company announced they would participate in the Dubai Future Accelerators program. A big step for this blockchain startup, that much is certain. What is so interesting about....
A bitcoin event in California organized by Arcadia Association of Realtors (AAR) discussed the potential implications of the cryptocurrency on the Chinese real estate market. In particular, the CEO of Meson.re, which is focused on helping mainland Chinese investors purchase real estate in the US, explained how their service plays a role in the real estate industry in general. According to CEO Ragnar Lifthrasir, bitcoin could be used in the lucrative international real estate trade as it relates to California. "I think there's understanding of the problem and why there's a need in China.....
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