WASHINGTON, DC–Quietly and with almost no fanfare, last monthblockchain startup Propy scored a coup for thetechnology industry and the real estate space in one transaction:the first government sanctioned blockchain recorded real estatedeal in the US. The transaction happened under a pilot program thatlaunched at the start of this year between a county in Vermont andthe San Francisco-based company, which is developing ablockchain-based registry for real estate sales.
The deal created legal history, CTO AlexanderVoloshyn said in a blog post.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
