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In A First, A Blockchain Smart Contract Is Recorded On A Deed

Written by CRETech | Apr 6, 2018 9:15:31 AM

WASHINGTON, DC–Quietly and with almost no fanfare, last month blockchain startup Propy scored a coup for the technology industry and the real estate space in one transaction: the first government sanctioned blockchain recorded real estate deal in the US. The transaction happened under a pilot program that launched at the start of this year between a county in Vermont and the San Francisco-based company, which is developing a blockchain-based registry for real estate sales.