Propy launches blockchain pilot in Vermont to record real estate transfers
Inman News – Features
Global property startup Propy is launching a pilot program with the city clerk's office in South Burlington, Vermont, where it is using blockchain technology to record real estate conveyance documents, that is, paperwork related to the transfer of property ownership. Propy CEO Natalia Karayaneva told Inman that leveraging blockchain, a secure, distributed ledger, stands to shrink the recording of real estate transfers to half the usual time, and she is expecting other counties in Vermont to…