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. In a recent report, PwC said that while it was not yet clear how many of these new applications would be used by banks, they were likely to become more common as banks look for ways to 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.
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.