US Realtors Association Invests in Blockchain Startup Propy
The venture capital arm of the U.S. National Association of Realtors (NAR) has bought a stake in blockchain-based real estate startup Propy.
Propy Executes Blockchain Property Deal in California
California blockchain startup Propy announced on Monday it executed its first blockchain property in California. According to Propy, the Bitcoin-to-Bitcoin sale of 10 acres of land in Southern California was processed through the Propy’s Transaction Platform and every step of the deal was executed through Ethereum smart contracts. Propy claims this to be the first fully-recorded blockchain transaction in California.