In March, the company announced a KnotelCoin offering—essentially a Bitcoin for real estate—that would utilize blockchain to organize crowdsourced information on office spaces and reward contributors with the decentralized currency. Knotel has acquired commercial real estate search engine 42Floors in a deal the company claims will give it access to data on 10 billion sq ft of office space and further its blockchain platform ambitions. The flexible office operator has opened in more than 60 locations covering over a million sq ft of office space since being founded in 2016. In June 2018, Knotel purchased German workspace operation Ahoy!Berlin marking its intention to expand into Europe. Blockchain is an emerging technology that enables digital assets such as bitcoin, ethereum, litecoin or any other cryptocurrency to be stored securely without relying on centralised servers.
Knotel has acquired commercial real estate search engine 42Floors in a deal the company claims will give it access to data on 10 billion sq ft of office space and further its blockchain platform ambitions. The flexible office operator has opened in more than 60 locations covering over a million sq ft of office space since being founded in 2016. In June 2018, Knotel purchased German workspace operation Ahoy!Berlin marking its intention to expand into Europe. Blockchain is an emerging technology that enables digital assets such as bitcoin, ethereum, litecoin or any other cryptocurrency to be stored securely without relying on centralised servers.