Barclays, RBS Join Blockchain Trial to Speed Property Sales
BLOOMBERG
Some of the world’s largest lenders, law firms and real estate companies are turning to the technology behind Bitcoin to streamline the process of buying and selling property. Barclays Plc, Royal Bank of Scotland Group Plc and Clifford Chance LLPwere among 40 companies to test a new platform developed by Instant Property Network, a company backed by blockchain software firm R3. IPN said it could cut the time it takes to buy a house from months to weeks and, if applied globally, could result i…