Found 2 blog entries tagged as cryptocurrency.

blockchain technology

Blockchain technology is everywhere. It is in the banking system, in supply chain management, in high-tech enterprise security. Blockchain technology is also firmly implanted in the Canadian real estate market.

So, what role does blockchain, cryptocurrency, and all of the underlying technology play in the real estate sector anyway? Let’s explore!

How Blockchain Technology Can Help Improve Canada’s Real Estate Market

The first question many Canadians have is: What exactly is the blockchain?

Blockchain is an encrypted record-keeping system that stores data on a “block.” Every record is stored on a block and has a unique identifier. The blocks are linked together through a chain and must be synced to function…

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Buying a House with Bitcoin in Canada

We’ve all seen the headlines across the globe proclaiming the rise of cryptocurrency, and the pandemic has accelerated that growth, with many coins reaching all-time highs. Even mainstream investors are getting into the cryptocurrency game, adding bitcoin and other cryptos to their portfolios.

With more people invested in bitcoin, some real estate agents are hearing questions from their clients related to buying a house with bitcoin in Canada. It is an outside-the-box idea for many homebuyers, beyond the traditional banking and mortgage industries.

We will examine the possibility of buying a house in Canada with bitcoin, but first, a little introduction to the world’s most popular cryptocurrency.

What is Bitcoin?

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