The South Burlington, Vermont pilot program conducted in cooperation with the global real estate market Blockchain Propy Inc. has completed the first real estate act entirely Blockchain. In the United States, the ZeroHedge financial blog reported on Thursday, March 8.

An anonymous source of Propy told ZeroHedge that the first Blockchain real estate transaction in the United States had been completed, making the city of South Burlington "world blockchain leader."

Propy has a total market capitalization of approximately $ 17.7 million, according to data from CoinMarketCap, and is currently trading for just over $ 1.00, down from the previous year. About 5.3 percent

South Burlington had announced the use of Propy's pilot program in January of this year, testing Blockchain technologies to order real estate documentation. In August 2017, the Ukrainian Agency for Electronic Governance also launched a pilot program with Propy to offer properties to foreign investors in the real estate market of Propy.

Real Estate and Blockchain also coincided with Propy: a blockchain project of properties in London, another blockchain real estate project is supporting its chips with the energy of a Japanese solar farm, and a variety of Cities on a global scale have already used crypto to buy properties.