Advertisement
AD

Main navigation

Error message

  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3111 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h226">A modernized land registry  </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h379">Blockchain’s romance with real estate</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    American real estate behemoth RE/MAX has recently teamed up with Blockchain-powered company XYO Network, the San Diego Union-Tribune <a rel="nofollow" target="_blank" href="http://www.sandiegouniontribune.com/business/technology/sd-fi-xyo-blockchain-20181012-story.html">reports</a>. The purpose of this partnership is to make it easier to buy and sell property in Mexico.
    
    <a rel="nofollow" target="_blank" href="#-based-data-network-threatens-real-estate-giants">card</a>
    
    A modernized land registry &nbsp;
    
    XYO Network (which was earlier called XY Findables) is behind the first decentralized location-verification system. RE/MAX has recognized the potential of this San Diego-based startup, currently working on a hack-resistant land registry to disrupt the Mexican real estate market.
    
    The modus operandi of this startup is rather straightforward — each parcel of land is pegged to a unique digital token. All property transactions are conducted in a secure and transparent way while land ownership data is recorded on a distributed ledger.
    
    A Mexican property lawyer Jose Larroque claims that the majority of Mexican land registers are already digitalized, but they still have problems with ejido (areas with communal ownerships in <a href="https://u.today/mexico-updates-regulations-narrowing-banks-services-for-crypto-investors">Mexico</a>). He also claims that Blockchain technology could tackle the issue of duplicated titles that complicate the task of finding a specific piece of property. The XYO location network allows anyone to effortlessly pinpoint any property object. &nbsp;&nbsp;
    
    Blockchain’s romance with real estate
    
    While Blockchain and real estate are still in the courting stage, other countries are also creating their decentralized land registries. Back in June, Sweden's land registry authority conducted the first transaction on Blockchain while the Netherlands started testing their own decentralized system for monitoring the national real estate data. On top of that, the UK is trying to modernize Her Majesty’s Land Registry with the help <a href="https://u.today/banks-using-r3s-corda-completed-live-securities-transaction-worth-25-mln-euros">Corda</a>.
    
    Meanwhile, as U.Today reported earlier, an increasing amount of realtors are now <a href="https://u.today/bitcoin-acceptance-in-real-estate-is-growing-worldwide">accepting Bitcoin</a> around the globe. A chic mansion in Sydney is <a href="https://u.today/australians-choose-to-sell-their-homes-for-bitcoin-despite-market-crash">currently on sale</a> for 570 BTC.
    
    <a href="https://u.today/crypto-based-real-estate-developer-relex-enters-russia">card</a>
    &nbsp;
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3114 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h226">A modernized land registry  </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h379">Blockchain’s romance with real estate</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    American real estate behemoth RE/MAX has recently teamed up with Blockchain-powered company XYO Network, the San Diego Union-Tribune <a rel="nofollow" target="_blank" href="http://www.sandiegouniontribune.com/business/technology/sd-fi-xyo-blockchain-20181012-story.html">reports</a>. The purpose of this partnership is to make it easier to buy and sell property in Mexico.
    
    <a rel="nofollow" target="_blank" href="#-based-data-network-threatens-real-estate-giants">card</a>
    
    A modernized land registry &nbsp;
    
    XYO Network (which was earlier called XY Findables) is behind the first decentralized location-verification system. RE/MAX has recognized the potential of this San Diego-based startup, currently working on a hack-resistant land registry to disrupt the Mexican real estate market.
    
    The modus operandi of this startup is rather straightforward — each parcel of land is pegged to a unique digital token. All property transactions are conducted in a secure and transparent way while land ownership data is recorded on a distributed ledger.
    
    A Mexican property lawyer Jose Larroque claims that the majority of Mexican land registers are already digitalized, but they still have problems with ejido (areas with communal ownerships in <a href="https://u.today/mexico-updates-regulations-narrowing-banks-services-for-crypto-investors">Mexico</a>). He also claims that Blockchain technology could tackle the issue of duplicated titles that complicate the task of finding a specific piece of property. The XYO location network allows anyone to effortlessly pinpoint any property object. &nbsp;&nbsp;
    
    Blockchain’s romance with real estate
    
    While Blockchain and real estate are still in the courting stage, other countries are also creating their decentralized land registries. Back in June, Sweden's land registry authority conducted the first transaction on Blockchain while the Netherlands started testing their own decentralized system for monitoring the national real estate data. On top of that, the UK is trying to modernize Her Majesty’s Land Registry with the help <a href="https://u.today/banks-using-r3s-corda-completed-live-securities-transaction-worth-25-mln-euros">Corda</a>.
    
    Meanwhile, as U.Today reported earlier, an increasing amount of realtors are now <a href="https://u.today/bitcoin-acceptance-in-real-estate-is-growing-worldwide">accepting Bitcoin</a> around the globe. A chic mansion in Sydney is <a href="https://u.today/australians-choose-to-sell-their-homes-for-bitcoin-despite-market-crash">currently on sale</a> for 570 BTC.
    
    <a href="https://u.today/crypto-based-real-estate-developer-relex-enters-russia">card</a>
    &nbsp;
    ') (Line: 1133)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    

Blockchain to Be Adopted For Property Registration in Mexico

Advertisement
Sat, 13/10/2018 - 12:10
Blockchain to Be Adopted For Property Registration in Mexico
Cover image via U.Today
Read U.TODAY on
Google News
Contents
Advertisement

American real estate behemoth RE/MAX has recently teamed up with Blockchain-powered company XYO Network, the San Diego Union-Tribune reports. The purpose of this partnership is to make it easier to buy and sell property in Mexico.

card

A modernized land registry  

XYO Network (which was earlier called XY Findables) is behind the first decentralized location-verification system. RE/MAX has recognized the potential of this San Diego-based startup, currently working on a hack-resistant land registry to disrupt the Mexican real estate market.

The modus operandi of this startup is rather straightforward — each parcel of land is pegged to a unique digital token. All property transactions are conducted in a secure and transparent way while land ownership data is recorded on a distributed ledger.

A Mexican property lawyer Jose Larroque claims that the majority of Mexican land registers are already digitalized, but they still have problems with ejido (areas with communal ownerships in Mexico). He also claims that Blockchain technology could tackle the issue of duplicated titles that complicate the task of finding a specific piece of property. The XYO location network allows anyone to effortlessly pinpoint any property object.   

Blockchain’s romance with real estate

While Blockchain and real estate are still in the courting stage, other countries are also creating their decentralized land registries. Back in June, Sweden's land registry authority conducted the first transaction on Blockchain while the Netherlands started testing their own decentralized system for monitoring the national real estate data. On top of that, the UK is trying to modernize Her Majesty’s Land Registry with the help Corda.

Meanwhile, as U.Today reported earlier, an increasing amount of realtors are now accepting Bitcoin around the globe. A chic mansion in Sydney is currently on sale for 570 BTC.


 

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD