Tag: blockchain
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Can Blockchain Help Turn Vacant Buildings Into Homes Again? Baltimore Thinks So.
The city of Baltimore plans to record all its 13,000+ empty houses and townhouses on the blockchain. And it all started with Ebony Thompson’s class project.
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Can We Record Deeds on the Blockchain?
Blockchain, the underlying technology of cryptocurrency, is a digital recording system, leading innovators to wonder if it could solve challenges in deed recording. The U.S. deed recording system is tried and true. At the same time, title defects and tangled titles are much too common. Additionally, deed fraud harms vulnerable homeowners.. What if our title…
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Blockchain for Real Estate: It’s Coming.
If you’ve ever bought a house, condo, or co-op, you’ll know it’s a major process. Many joyful buys took a good deal of trudging through weeks of stressful communication challenges. The journey was loaded with people, paperwork, and fees. Why do we put ourselves through it? Because getting into the market is a key wealth-building…
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Real Estate or Bitcoin? In 2024, Investors Consider the Tradeoffs
Bitcoin watchers have noticed surprising amounts of real estate profits being converted into bitcoin. The reason comes down to unpredictable returns in real estate for wealthy investor-buyers. At the same time, “Bitcoin, as an emerging asset class, potentially offers much higher growth potential for many investors,” writes Nik Hoffman for Bitcoin Magazine. Wow, much potentially…
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Mr. Cooper Mortgage Payment System Breached. Are Digital Currencies the Solution?
October 31 was a spooky day for many. A cyberattack impacted millions of Mr. Cooper mortgage customers. Mr. Cooper is the biggest non-bank mortgage service provider in the United States. Its borrowers were unable to transfer last month’s mortgage payments by their due date. A week later, on November 7, business consultant and popular YouTube…
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Digital Real Estate Titles? Watch What Wall Street Says About Blockchain
Some of Wall Street’s biggest banks — Goldman Sachs, JPMorgan Chase, the list goes on — are quietly integrating blockchain, the technology that spawned bitcoin, into their businesses. In fact, Wall Street firms have been experimenting with blockchain for years. Regardless of what bitcoin does, blockchain technology will flourish. Tom Farley, ex-president of the New…
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Blockchain for Good: Can Smart Contracts Play a Community-Building Role?
Holding the deed to real estate is long associated with stability and financial security. What if some of that security could be shared by — and build up— communities? This article is a thought experiment. Let’s imagine how things could play out if local residents could invest small amounts in a building. How would this…
