First Realtor's Deal Using Blockchain Concluded in UK

Four-room house in Oldham was first in United Kingdom to be sold using distributed ledger technology
19 March 2018   759

In Oldham, in the county of Manchester, a first house purchase deal was concluded using the blockchain technology. It is the first deal of this kind in UK. This is reported by Buy Associattion.

Manchester Group HS Property Group used the Clicktopurchase platform to sell a four-room house in Oldham.

As a company which prides itself on innovation, we want to offer our global investor network a more straightforward and secure method to purchase residential investments without compromising any legal safeguards.

Guy Horne
Director and co-founder, HS Property Group

All stages of the transaction, including supply, acceptance and exchange of contracts, were recorded using the blockchain.

Some of the biggest problems the property industry faces is the length of time it takes to exchange contracts along with the lack of certainty. Real estate transactions can be complex but by using clicktopurchase the process is significantly quicker.
 

Neil Singer 

CEO, clicktopurchase

The only yet not digitized stage is the registration of the purchase manually in the Land Register.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   332

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.