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.
TechCrunch founder Michael Arrington’s purchase of an apartment in Ukraine marks a milestone that opens the floodgates for real asset transfers on the blockchain
Governments tend to use the innovative Blockchain technology in many different ways. Now Ukraine adopts blockchain startup Propy to revolutionize real estate.
Blockchain startup Propy aims to revolutionize the $380B real estate industry creating a platform where real estate can be bought and sold, and property titles can be verified and registered with local authorities.
Propy – the world’s first global property store with decentralized title registry to go on with its token sale as Ambisafe developers protect it from Parity hack situation.