Japanese Company Trials BTC and Smart Contracts in Real Estate Transactions


A Tokyo Inventory Trade-listed firm has constructed a cryptocurrency settlement platform for actual property transactions. The agency has examined the platform utilizing BTC and good contracts for property gross sales and has launched its findings; many advantages had been noticed over the normal methodology.

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BTC and Smart Contracts in Real Estate

Japanese actual property firm Ruden Holdings (TYO:1400) just lately introduced the outcomes of an experiment utilizing its newly-created “digital forex actual property settlement platform.”

Japanese Company Trials BTC and Smart Contracts in Real Estate Transactions

The corporate defined that the trial, which concerned BTC and good contracts, was carried out in collaboration with Blockchain World Restricted (BGL). The 2 firms partnered in April to develop the settlement system and a “digital registration knowledge inquiry system,” Ruden detailed, including:

For the settlement of bitcoins (BTC) used in the property sale,…



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