Propy, a blockchain-based real estate platform, appointed Michael Piwowar, former acting SEC chairman and commissioner, as an advisory Board member. Propy aims to revolutionize real estate transactions using blockchain, smart contracts, and cryptocurrency, with notable figures like Michael Arrington and Grant Cardone utilizing the platform to buy and sell properties as NFTs. In March, Propy launched Propykeys, allowing users worldwide to create digital addresses for physical properties, from homes to global landmarks. Built on Ethereum L2 Base, this initiative enhances deed security by moving from paper records to blockchain. The shift not only combats deed fraud but also streamlines many aspects of traditional real estate transactions.
Ex-SEC Commissioner Takes on Key Role at Blockchain Real Estate Platform Propy