Propy Completes Real Estate Purchase on Blockchain

Announcements, Blockchain | October 2, 2017 By:

California-based blockchain startup Propy has announced its first real estate transaction on the ethereum public blockchain.

Propy is a peer-to-peer real estate exchange platform built on blockchain technology. The company is using the ethereum blockchain to allow brokers, buyers, sellers, and title agents/notaries to sign off on transactions within their existing legal frameworks.