Category: Blockchain

Last year, Fidelity launched its Metaverse exchange-traded fund — the ETF with the ticker symbol FMET. The Fidelity Metaverse Index tracks the current development of a future internet. According to Fidelity’s website, the metaverse will blend “augmented reality and virtual worlds” and enable many people to be work, play, and invest in these settings, “persistently…

“Incredibly sturdy, bizarrely anti-fragile”: that’s bitcoin, according to Anthony Scaramucci. Most of our readers likely remember the name. Anthony Scaramucci was a White House communications director for that fleeting, ten-day period back in July 2017. Scaramucci worked at Goldman Sachs quite a bit longer (1989 – 1996), and now runs the hedge fund SkyBridge Capital.…

One of the “big four” accounting firms, PwC (PricewaterhouseCoopers), has published its 2023 Digital Asset Predictions. Under the headline 5 Crypto and NFT Trends That Matter Right Now, the company says “trust will be the new killer app.”

“The Next Hot Housing Market Is Out of This World,” announces The New York Times. “It’s in the Metaverse.” The metaverse is an online landscape, which people visit using their own digital twins. Metaverse real estate deals, says the Times in its recent article, happen on the blockchain — a “digitally distributed public ledger that…

Web3 (Web 3.0), the next-generation internet, is already keen on houses. Let’s consider a home’s digital twin in the 3D internet world known as the metaverse. Three-dimensional models of homes are among the real estate world’s leading-edge tools. According to the Web3 tech firm Matterport, “Digital twin technology has found a natural home in the…

The Texas Blockchain Council (TBC), part of the Texas Innovation and Technology Caucus, is a bipartisan group of Texas lawmakers focused on advancing the state’s tech sector. The Governor appoints the 16-member Work Group. On their agenda? A pilot project for blockchain-based recording of real estate deeds.

Governor Chris Sununu intends to make New Hampshire “a leading jurisdiction for the development of sound and effective applications of blockchain technologies.” This comes on top of a new report from the Governor’s Commission on Cryptocurrencies and Digital Assets, which says blockchain offers improved methods for recording real estate deeds and other title documents. Change…

Jamestown, a $13 billion real estate investment and management company, sees the metaverse as a place to explore real buildings. The company’s been investing in metaverse infrastructure and design firms. What is the metaverse? It’s a new phase of the internet. It integrates virtual and augmented reality, creating a shared environment for people to converse…

Between recession fears and a multi-billion-dollar scandal involving the now-infamous Sam Bankman-Fried and friends, all things crypto were on the defensive in 2022. Can they recover in 2023? And what about blockchain in the property investment area? Any signs of life?

Chandler, Arizona is a city with futuristic flair. Just southeast of Phoenix, it’s where Alphabet, Inc. (Google) deploys driverless Waymo One cabs to glide through perfectly lined streets. And now, the City of Chandler has a real estate brokerage that’s certified in cryptocurrency. The agents at Integrity All Stars, part of Berkshire Hathaway HomeServices Arizona…

This year in cryptocurrency, we witnessed the speedy rise and fall of Sam Bankman-Fried (“SBF”), whose $32 billion company FTX filed for bankruptcy in November. After the spectacular crash of FTX, it’s never been clearer: Controlling types who invent new coins for the market may come, and they may go. Blockchain is the technology that…

In 2017, a small business came up with a fully online mortgage tool. The founders called it an intelligent mortgage adviser, and named it Home Lending Pal. It’s meant especially for first-time home buyers. The platform uses artificial intelligence (AI) to help them become home buyers. Its application criteria do not include race, age, gender…

In March 2022, the White House formally accepted blockchain and crypto as valid innovations with strong use cases, important for U.S. technological progress. But any commercial innovation has to be balanced with consumer protection. And it can’t come soon enough. A (formerly) $32 billion cryptocurrency company just plunged into bankruptcy, its founder now being questioned…

Blockchain is a perfect fit for real estate contracts. How so? Just imagine you’re signing a home purchase contract. You, like the other parties in the deal, have your copy of a smart contract. Not a third party — you. The contract’s terms and contingencies are entered as code in a blockchain network. Once a…

Land titles need to be stored for as long as the land lasts, and they need to be stored securely. They represent major investments. This is why the title insurance industry exists. Title fraud is one of the big threats to the integrity of our land records. Criminals who can forge titles and get past…