Maharashtra’s inspector General of the Department of Registration and Stamps said that information on all property in the region would be stored on public ledgers, and documents would have a serial number.
The rules are targeted at clamping down on money laundering and terrorism financing, according to a statement by the UAE (MOFAIC).
Testing state-backed digital currency for real estate settlements is already ongoing, along with testing for use in making regular payments for goods and services, according to local news reports.
RealX, in partnership with Tripvillas, created a blockchain-based platform that enables Indian investors to buy and sell direct deeded co-ownership vacation homes.
Zweispace, known for its work in the real estate technology industry, has devised a Bitcoin-based smart contract structure to handle inheritances.
Hayato Kameta explained how blockchain has impacted real estate, including the transfer of inheritance in real time and the tokenization of property.
Calvin Ayre has withdrawn from negotiations to acquire Dave Kleiman's estate based on a legal analysis that concluded the estate holds no significant assets.
The Real Estate Institute of Queensland (REIQ) partnered with a local blockchain startup Igloo to develop a platform that will turn tenancy agreements to smart contracts.
This new platform will give investors the ability to purchase or trade real estate by using digital assets as their collateral.
bitFlyer has regained some respect in Japan, and will now work on a blockchain app for rental properties.
Growth Tech have helped to facilitate Brazil’s first real estate transaction recorded on a blockchain.