Malta to Register All Rent Contracts on Blockchain
Prime Minister Muscat announced the proposed initiative during a Radio One interview.
The blockchain startups will tokenize portions of properties financed by U.K.-based Alliance Investments.
A flurry of announcements related to property and blockchain in Korea and Japan were made in September.
A high-profile venture between startups Fluidity and Propellr was quietly shelved this summer, underscoring the hurdles real estate tokenization faces.
Real estate startup AssetBlock has launched a new platform for trading commercial properties linked to tokens on the Algorand blockchain.
BitPay processes about $5 million in bitcoin for real estate transactions through international and domestic individuals and firms.