The property sector is slowly embracing blockchain technology, seeing the benefits from its advances in automated and real-time payments, cash flow monitoring and near-frictionless cross-border transactions. Other real estate firms are being more inventive. Deedcoin in the Stornetta aims to attract buyers with offers of reduced commissions if customers pay a percentage in the firm's own cryptocurrency, while some law firms are accepting payment in digital currency as well as fiat.
The property sector is slowly embracing blockchain technology, seeing the benefits from its advances in automated and real-time payments, cash flow monitoring and near-frictionless cross-border transactions. Other real estate firms are being more inventive. Deedcoin in the US aims to attract buyers with offers of reduced commissions if customers pay a percentage in the firm's own cryptocurrency, while some law firms are accepting payment in digital currency as well as fiat.