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New Bill in Spain Seeks To Enable Crypto-Based Mortgages

The Daily Hodl 06 Aug 2021
Lawmakers in Spain are proposing a new law that would allow homeowners to pay their mortgages using cryptocurrency ... The drafted law proposes that banks use blockchain technology and smart contracts in managing processes and products such as mortgages, insurances and fund disbursements.
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El Salvador effect: Spain considers allowing mortgage payments in crypto

Cryptoslate 04 Aug 2021
Introduction into the mortgage system – it also proposes that banks use Blockchain technology to manage mortgages, insurance and speed up compensation – it proposes to extend it to insurance policies, with ‘smart contracts’ with conditions depending ...
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Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain

Bitcoin 02 Aug 2021
Spain Would Include Crypto in Its Mortgage System ... The proposal also contemplates the modernization of the structure of banks, that would be able to use blockchain, cryptocurrencies, and smart contracts to carry ordinary processes such as mortgage management, and to streamlining compensation and settlements derived from insurance policies.
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Mark Cuban: We’re In “The Great Unwind”

NewsBTC 24 May 2021
Cuban pressed further when asked about smart contracts’ use case in things like mortgages, “smart contracts on blockchains, particularly Ethereum, is an enormous game changer that every company will use” ... Smart contracts are going to eat a lot of the software-as-a-service world.”.
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Canadian Broker Enables Bitcoin, Ethereum, and Ripple Payments

CryptoPotato 11 Apr 2021
One of the largest Canadian brokers, Matrix Mortgage Global, is the latest to introduce payments with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), and some stablecoins ... Blockchain technology with the use of smart contracts is going to change the way mortgages are processed.” – commented MMG Founder Shawn Allen.
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A Complete Starters Guide To Decentralized Finance (DeFi)

Vaultoro 21 Mar 2021
Everything is taken care of by blockchains and smart contracts leveraging this technology ... As blockchain technology and smart contracts remove the need for intermediaries, the time spent on mortgaging can decrease significantly ... No one will deny that blockchain technology and smart contracts can make a genuine impact on the financial sector.
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FinTech That’s Updating Global Finance for Everyone

Koinpost 05 Nov 2020
... mortgages, credit cards, and other financing options. Each of Thought Machine’s services are by way of smart contracts, a blockchain-based technology that enables the automation of highly personalized parameters and commands for nearly every type of financial transaction.
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Guest opinion: 4 ways the Utah should adopt blockchain technology

Deseret News 27 Oct 2019
Blockchain is already a multibillion-dollar industry and projected to see significant growth ... Liens, deeds, mortgages and more are all areas that can see improved record-keeping and transparency from implementing blockchain technology. Smart contracts A smart contract is an auto-enforceable contract built on blockchain.
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Half of Dutch IT decision-makers can’t explain blockchain technology

Computer Weekly 25 Jun 2019
“For example, the blockchain can be extended with so-called smart contracts,” said Dijkhuizen. “These smart contracts offer an alternative to regular contracts, such as mortgage contracts and cadastral data.”. A smart contract is in fact a smart layer on top of the blockchain in which you can lay down certain business rules.
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