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.”
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,…