The country’s first blockchain-only real estate trade involved 10 acres of land just north of Los Angeles County. The sale was made through a platform developed by Palo Alto-based real estate startup Propy. The company’s platform records the information of the sale — the purchase agreement, payments, and other essentials — on the public Ethereum blockchain. The amount was unknown. An unnamed New York-based buyer paid a California seller in Bitcoin for the 10 acres […]
source https://therealdeal.com/la/2018/07/30/propy-records-first-us-real-estate-sale-on-blockchain/#new_tab
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