SVN becomes first commercial brokerage to join blockchain-powered MLS

SVN International Corporation has partnered with Imbrex, the blockchain-powered multiple listing service, making it the first commercial brokerage to store its data on the blockchain.

Blockchain is a digital data storage platform and transaction ledger that uses encryption and a decentralized network of servers to store the information. Proponents call it a more secure marketplace that removes the need for a third party to verify and track transactions and data.