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 Cushman & Wakefield.
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.