Here’s What Citigroup Says About Blockchain for Real Estate

Citigroup is a leading global investment bank. And it says blockchain “could be a good fit” for real estate. Traditional real estate often lacks transparency, relies on a lot of middle people, and is generally cumbersome to sell, according to Citigroup’s new report Money, Tokens and Games: Blockchain’s Next Billion Users and Trillions in Value. …

New Hampshire and Texas: Both Looking at Blockchain for Deeds?

Governor Chris Sununu intends to make New Hampshire “a leading jurisdiction for the development of sound and effective applications of blockchain technologies.” This comes on top of a new report from the Governor’s Commission on Cryptocurrencies and Digital Assets, which says blockchain offers improved methods for recording real estate deeds and other title documents. Change …

Blockchain in Real Estate: An End-of-Year Reality Check

This year in cryptocurrency, we witnessed the speedy rise and fall of Sam Bankman-Fried (“SBF”), whose $32 billion company FTX filed for bankruptcy in November. After the spectacular crash of FTX, it’s never been clearer: Controlling types who invent new coins for the market may come, and they may go. Blockchain is the technology that …

Could Blockchain and Artificial Intelligence Remove Bias From the Mortgage Process?

In 2017, a small business came up with a fully online mortgage tool. The founders called it an intelligent mortgage adviser, and named it Home Lending Pal. It’s meant especially for first-time home buyers. The platform uses artificial intelligence (AI) to help them become home buyers. Its application criteria do not include race, age, gender …

FTX Scandal: What Just Happened to Cryptocurrency, and Does It Affect Blockchain?

In March 2022, the White House formally accepted blockchain and crypto as valid innovations with strong use cases, important for U.S. technological progress. But any commercial innovation has to be balanced with consumer protection. And it can’t come soon enough. A (formerly) $32 billion cryptocurrency company just plunged into bankruptcy, its founder now being questioned …