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Swiss Real Estate Company Closes A $134 Million Deal Using Blockchain

News A building on the prestigious Banhofstrasse in Zurich, Switzerland was successfully tokenized and sold on the blockchain today. The new owner of the building is Swiss real estate investment company BrickMarket. The company has issued bond-backed crypto tokens that figuratively represent “shar..

Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments

News Major cryptocurrency exchange Huobi has partnered with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The Singapore-based crypto exchange has entered a partnership with fäm Properties, a tech-driven real estate agency based in D..

South Korean Co-Working Space Operator SparkPlus Turns to Blockchain

News Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor. The partnership will aim to innovate the city’s sharing economy by means of a decentralized platform that reduces the barriers to enterin..

Blockchain & Real Estate: How it Will Disrupt & Transform the Market

One of the world’s oldest businesses is about to experience disruption from one of the world’s newest. Buyers, sellers, and renters of real estate are experimenting with blockchain technology to trim burdensome middlemen from the industry. Precious few real estate transactions proceed directly from..

Real Estate Magnate Sells New York Condo for $15.3M in Bitcoin

News Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real Deal on Nov. 1. Shaoul — who is president of the Magnum Real Estate Group — sold the 11,400-squa..

TZERO to Tokenize $25M of Luxury Residential Development in UK

News Overstock’s blockchain arm tZERO will provide its technology to tokenize River Plaza, a luxury residential development in Manchester, United Kingdom. Following a partnership with U.K.-based real estate investment firm Alliance Investments, tZERO plans to tokenize at least $25 million of River..

How Blockchain is Beginning to Disrupt & Transform the Real Estate Market

One of the world’s oldest businesses is about to experience disruption from one of the world’s newest. Buyers, sellers, and renters of real estate are experimenting with blockchain technology to trim burdensome middlemen from the industry. Precious few real estate transactions proceed directly from..

Blockchain Registers for Recording Ownership Rights Around the World

Crypto Map The use of blockchain to cement ownership rights for real estate and business has been ongoing since 2016, when the technology was first used to organize new forms of registries and registration of transactions. The blocks are used to record information onto the blockchain system, which..

Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

News Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform. Real monetary valueEmaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall, is planning to launch the EMR token for rewarding its ..

UK Real Estate Firm Accepts Bitcoin for Sale of 150-Year-Old Church

News A 150-year-old English church is being sold for $1.5 million with the vendor accepting payment in Bitcoin (BTC). Vendor is willing to receive payment in BitcoinAccording to a listing on Rightmove, a major British online real estate portal and property website, a vendor put an 18th-century chu..

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