bitFlyer to Pioneer Blockchain-powered Home Rentals Platform – Crypto Trendings
Saturday, March 25, 2023
Crypto Trendings
  • HOME
  • News
  • Bitcoin
  • Altcoins
  • Business
  • Tech
  • Industry
  • Interviews
  • Press Release
No Result
View All Result
Crypto Trendings

bitFlyer to Pioneer Blockchain-powered Home Rentals Platform

Crypto Trendings by Crypto Trendings
December 16, 2020
in Tech
Reading Time: 1min read
bitFlyer to Pioneer Blockchain-powered Home Rentals Platform

The Japanese trading company and business giant Sumitomo is set to team up with bitFlyer, a major Japanese crypto exchange, to jointly build a blockchain-powered real estate rental and property management platform that its masterminds said will help digitize the entire house rental process for both tenants and landowners.

Per Nikkei, 25 Japanese companies including home insurance provider Mitsui Sumitomo Insurance and Tokyo Gas, the primary provider of natural gas to cities including Tokyo, Kanagawa, and Saitama, have already signed up to make use of the platform, which is slated to debut in Spring 2021.

Related posts

Coinbase pre-IPO contract now listed on FTX exchange

Coinbase pre-IPO contract now listed on FTX exchange

December 22, 2020
Apple Co-Founder Wozniak-Backed Token Doubles in a Day

Apple Co-Founder Wozniak-Backed Token Doubles in a Day

December 16, 2020

The platform will allow house-hunters to sign tenancy contracts and pay their electricity, gas, and other utilities bills – as well as take out and manage fire and theft insurance policies – all using smart contract technology.

The crypto exchange said that the new platform will simplify the rentals and lettings procedure for all parties – and will speed up processes that can otherwise become bogged down with paper documentation.

The firms added that smart contracts would allow “multiple companies to check and update data” by managing information that is registered by users using a blockchain network.

bitFlyer added that it was “working to further expand the number of companies” participating in the project.

The platform might debut at around the same time as a rival project spearheaded by the rentals arm of Sekisui House, Japan’s biggest homebuilder, and the Hitachi-backed Nexchain blockchain consortium.

Previous Post

South Korean, Mongolian Banks Prepare Crypto, Digital Fiat Offerings

Next Post

Whales Moving Millions in Bitcoin as Hong Kong Regulator Makes Move

Next Post
Whales Moving Millions in Bitcoin as Hong Kong Regulator Makes Move

Whales Moving Millions in Bitcoin as Hong Kong Regulator Makes Move

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

1984 INSPIRED NFT COLLECTION TO FEATURE 1984 COLLECTIBLE CHARACTERS

1984 INSPIRED NFT COLLECTION TO FEATURE 1984 COLLECTIBLE CHARACTERS

1 year ago
recharge finance

Recharge (R3FI) The Cross Chain Yield Farming Solution- Now on ETH and BSC

2 years ago
STAR SHARKS

StarSharks $SSS Staking Becomes a Huge Hit Among Players

1 year ago
JPMorgan: $600 Billion Could Flow Into Bitcoin

JPMorgan: $600 Billion Could Flow Into Bitcoin

2 years ago

BROWSE BY CATEGORIES

  • Altcoins
  • Bitcoin
  • Business
  • Industry
  • News
  • Press Release
  • Tech

BROWSE BY TOPICS

Altcoins Bitcoin Business Industry News Press Release Tech

POPULAR NEWS

  • Flush Win is Revolutionizing Online Casinos and Betting with Blockchain Innovations

    Flush Win is Revolutionizing Online Casinos and Betting with Blockchain Innovations

    0 shares
    Share 0 Tweet 0
  • A ONCE IN A LIFETIME OPPORTUNITY TO OWN A PIECE OF HISTORY AND PUT YOUR NAME INTO THE METAVERSE

    0 shares
    Share 0 Tweet 0
  • FLUSH WIN ANNOUNCES NFT GAME PROJECT AND CITY CASINO

    0 shares
    Share 0 Tweet 0
  • The Mercedes Benz G-Wagon, Jungkook’s beloved car from BTS, is up for auction

    0 shares
    Share 0 Tweet 0
  • While all crypto is bearish, YES WORLD Token Price jumped by 10% in 24 hours

    0 shares
    Share 0 Tweet 0
Crypto Trendings

We bring you the latest news in the crypto and finance industry. We envision the goal of completely decentralised future.

Reach us at:

[email protected]

BITCOIN NEWS

Expert Reveals “Best Bets” Against Impending Economic Collapse

Expert Reveals “Best Bets” Against Impending Economic Collapse

July 28, 2022
Meta A Bigger Threat For Crypto Crash Than The Fed, Here’s Why

Meta A Bigger Threat For Crypto Crash Than The Fed, Here’s Why

July 27, 2022
Why UST’s crash has experts talking and taking different sides

Why UST’s crash has experts talking and taking different sides

May 16, 2022

ALTCOIN NEWS

Ethereum price faces resistance at $650, can ETH break above?

Ethereum price faces resistance at $650, can ETH break above?

December 21, 2020
New withdrawal mechanism for ETH2 stakes ‘under discussion’

New withdrawal mechanism for ETH2 stakes ‘under discussion’

December 15, 2020
Ethereum King Buterin Loses Live Showdown to Twitch Chess Queen

Ethereum King Buterin Loses Live Showdown to Twitch Chess Queen

December 16, 2020
March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Feb    
  • About
  • Advertise
  • Careers
  • Contact

© 2020 Crypto Trendings

No Result
View All Result
  • Home
  • Industry
  • News
  • Business
  • Bitcoin
  • Interviews
  • Tech
  • Altcoins

© 2020 Crypto Trendings