CONVEYANCE & TITLE

CONVEYANCE & TITLE

By putting property titles on the blockchain, governments will enable citizens to digitally conduct transactions without lawyers, notaries or queuing at government offices. Once on the blockchain, registered ownership of a property can be transferred from one person to another without the need for a government recorder or other third party, while still being legal and publicly acknowledged.

SPEAKERS

Steve Michaels, BitcoinInvestor.com - Moderator
Daryan Dehghanpisheh, Howard Hughes Corporation
Lily Dash, Caribound Ltd.
Gabriel Abed, Bitt
Ragnar Lifthrasir, IBREA - Working Group Leader

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CROWDFUNDING

CROWDFUNDING

Crowdfunding with Bitcoin and other platforms has the potential to 1) Remove the need for trusted third parties, 2) Digitize ownership and 3) Automate profit disbursements. A sponsor could raise funds by creating digital shares in a single property and then selling the shares to investors. This means that investors get tokens that represent shares of the property they purchase. The title is on the blockchain. However, legal questions remain about how to match the current system of paper ownership of shares with digital ones. All real estate crowdfunding companies can accept bitcoin as a payment option from their investors.

SPEAKERS

Chris Groshong, CoinStructive - Moderator
Zach Aarons, Metaprop NYC - Working Group Leader
Amy Wan, Legal Hackers LA
Scott Anderson, finLawyer.com

 

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