Category: Blockchain
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Blockchain and the Mortgage Loan
In debates over a 2021 infrastructure bill, blockchain tax is contested ground. Cryptocurrency proponents are keen on keeping the crypto mining and development communities in the United States. Heavy regulations and taxes could run the risk of tossing the baby out with the bathwater, they warn. Overbroad taxation could suppress the evolving blockchain technology that…
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Blockchain in Payments and Real Estate Transactions: Notable News
In recent real estate industry news, Rick Caruso committed to cryptocurrency. Caruso is the owner of the Rosewood Miramar Beach in Montecito, California. Cryptocurrency is now accepted at Caruso’s shops, where customers may earn bitcoin to spend at the resort — or to pay rent at the company’s luxury apartments. Yes, bitcoin will be the…
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From Crowdfunding to Tokenization: The Evolution of Shares in Real Estate
July, 2021 — Real estate has long functioned as a store of equity value that owners can exchange for money, loans and lines of credit. Yet the typical real estate transaction is associated with a cumbersome, bureaucratic, and fee-heavy process that every homeowner is greatly relieved to finish. There are other ways to invest in…
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Decentralized Finance (DeFi) and Real Estate Investments
Real estate is known as an illiquid asset. Turning real estate assets into cash is a complex, costly process. This is so, whether the owner is selling, or seeking profit from steady rental income. Returns on an initial investment are typically slow, cumbersome, dependent on intermediaries, and reliant on other people’s reliability and performance. Blockchain…
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Blockchain Is Now Legal Tender In El Salvador. Real Estate Investors, Take Note.
June, 2021 — As Deeds.com readers know, we’ve been watching the steady emergence of blockchain for real estate applications. Blockchain, which was introduced to the world through Bitcoin in 2009, is here to stay. How can we say so? It’s increasingly viewed as a change agent in the way business is done. Case in Point:…
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Deeds, Reimagined: Is a New Day Dawning for the Chain of Title?
Art met real estate in a new way this year. Krista Kim’s Mars House design appeared on the first irreplaceable, non-fungible token (NFT) for a virtual house and garden. Kim’s virtual experience was followed by an NFT listing for a home in New York (a real one) on the Ethereum blockchain. Think it’s all a…
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The Real Estate Deal, Decluttered: Blockchain and Deed Recording
Throughout the past decade, blockchain technology has evolved from an upstart concept to early adoption in banking and a host of other industries. Many people are eager to learn about blockchain and how it can change the way we do business. What, we might wonder, can the blockchain do to remedy the hurdles and risks that…