Blockchain-oriented firm XYO Network recently partnered with RE/MAX México to leverage distributed ledger technology (DLT), an umbrella term that also touches upon blockchain, for real estate management processes. RE/MAX México, a leading real estate brand in Mexico, intends to use the technology for record-keeping. The company hopes that it would streamline its business processes by putting the transaction data on a blockchain, thus securing title deed issuance and property management.
RE/MAX México will work with XYO Network to develop a title registry based on blockchain. The system would improve the sophisticated relationships between all the parties, including property buyers, sellers, brokers, notaries, and agents. The agreements wil...
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