Russia to Trial Digital Ruble Settlements for Real Estate Deals

The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart Contracts on Digital Ruble Platform Russia’s central … Read moreRussia to Trial Digital Ruble Settlements for Real Estate Deals

NFTs will Improve the Real Estate Industry

With a market value of over $40 billion, the NFT industry is among the fastest-growing sectors in the world. The industry started with digital artists selling standalone pieces of their art, and today it has grown into an industry swarming with thousands of projects that have the potential to transform the world’s major industries. In … Read moreNFTs will Improve the Real Estate Industry

Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto

According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and … Read moreDubai Property Developer Completes Real Estate Deals Worth $50M via Crypto