The first US property will be sold entirely through a blockchain transaction on Ethereum in South Burlington,...

in ethereum •  7 years ago 

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Thanks to God crypto is taking over the market. Etthereum has been use to purchase a US a Real Estate in South Burlington. Now South Burlington is the global Blockchain Leader.

Katherine Purcell signed off on the transaction in late February through the San Francisco based Proppy which uses the Ethereum network to transact and record all contracts and documents instead of the city’s record system. Vermont is the first state in the US to allow this type of transaction.

Purcell spoke to Inverse, saying she was a little nervous about making the deal but also excited.

“This type of technology excites me. Its encryption capabilities are top of the line in terms of keeping deeds and other documents safe.”

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PayPal has filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of...

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Amazing start! Its just a start of a highly effective impression of digital currency with decentralized sytems.
Check out my feed to know more about the related crypto updates!

K

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