
This California Property Was Sold On Blockchain Without Using Banks
Leading Blockchain-powered Real Estate Platform Propy Closes Revolutionary Property Deal in California Via Smart Contracts
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Propy.com is dedicated to solving the problems of purchasing property across borders. Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time. This whitepaper describes a comprehensive platform for remote online real estate transactions using Smart Contracts. Propy is a proposed implementation of this platform, which intends to reduce reliance on intermediaries while improving liquidity and security.
Leading Blockchain-powered Real Estate Platform Propy Closes Revolutionary Property Deal in California Via Smart Contracts
On 22nd January 2018, Propy Inc. (Palo Alto, California, USA) announced, that they had launched a pilot project to develop a global real estate conveyance management system and global real estate data model as a blockchain. The blockchain-based solution would revolutionize global real estate purchasing and registration processes worldwide, according to the company.
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