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A group of district auditors of the American state of Ohio launched a study of the benefits that can be obtained when using the blockchain in carrying out real estate transactions.
The Ohio Association Association (CAAO) has formed a working group to find out the possibility of using the blockchain technology to make real estate transactions faster and more efficient. In this workgroup, the SafeChain startup may start, which is just engaged in transferring real estate transactions and land plots to blockchain.
Representatives of SAFECHAIN stressed that the blockchain will help significantly accelerate transactions that usually occur very slowly. In addition, the distributed registry technology will make transactions safer thanks to the verification of participants in the transaction and bank accounts.
Note that Ohio has become one of the advanced blockchas. It was in this state that began to take
Bitcins for paying tax accounts. And the first company that took advantage of this opportunity became
Online retailer Overstock.
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