Will cryptocurrencies eventually replace flat currencies in property purchases? Find out how this trend is taking off here.
Blockchain technology is becoming increasingly mainstream. oBike will be partnering blockchain platform Tron to launch oCoins in the first quarter of 2018. Users may use oCoins to pay for rides on the Obike platform, as well as online content on Tron’s platform. Click here to read the full article.
Find out how we, too, utilize the blockchain for property investments here
Singapore firm dips toes into blockchain tech for property
(Source: The Business Times, Singapore, 28th July 2017)
Singapore “prop-tech” companies are digitalising property, in the form of real estate asset-backed “tokens” on the blockchain. FundPlaces is one of the two prop-tech companies adopting this cryptocurrency concept in the form of TILES. Through TILES, FundPlaces aims to 1) increase transparency for investors, 2) reduce cost of investment and 3) increase liquidity of real estate investments.
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