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Press release - 15 December ABN AMRO has launched a pilot to explore how the blockchain application Torch can help parties involved in real estate transactions record and exchange information.

Real estate transactions involve numerous parties, such as buyers, sellers, tenants, landlords, appraisers, notaries, banks, the Land Registry Office, the Chamber of Commerce and regulators. Torch is a blockchain application giving all these parties, each in their own capacity, a reliable and efficient way to record, consult and exchange information.

If the property needs to be valued, the bank employee uses Torch to send the necessary details directly to an appraiser. When the valuation report is finished, 404 blockchain news appraiser shares it with the bank and the client. The regulator in this 404 blockchain news the Dutch Central Bank, which is responsible for monitoring how banks value and finance commercial real estate also has access to Torch and to all this information.

In addition, it makes transactions programmable by means of so-called smart contracts. As 404 blockchain news, blockchain can offer efficient, reliable and tailormade support to multiparty processes, like commercial real estate transactions - or like logistic processes, an area where ABN AMRO has also launched several blockchain pilots.

By doing so, you agree to the conditions for reacting to articles on our website. Tikkie was used to send one payment request every second on average last week. Payments on and around King's Day caused a visible surge in the number of Tikkies. Press release 01 May The bank of the future is closer than we imagine. What 404 blockchain news happen if we host an event where various players help give shape to the future of banking?

Drawing on new perspectives will accelerate this process. Press release 23 April Blog 20 April This website uses cookies to make your browsing experience more efficient and enjoyable. More information about 404 blockchain news. Blockchain pilot in commercial real estate. Record-breaking week for Tikkie thanks to King's Day Tikkie was used to send one 404 blockchain news request every second on average last week.

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Follow us on Twitter or join our Telegram. Yesterday, we discussed whether bitcoin price can stay above a major support at USD 7, or not. It failed to hold gains above the stated level and declined towards USD 6, It seems like the last recovery wave was not convincing and prices are now back to where they started the week. The pair must stay above the USD 6, support to avoid any further declines. An intermediate support is at USD 6, On the upside, the broken support at USD 7, may once again act as a resistance.

Above this last, the USD 7, is the next resistance. If the price has to recover in the short term, it has to settle above USD On the downside, supports are at USD , and It is down 7. Ripple is down 7. There was no upside break above the USD 0. Bithumb listing did the trick for TRX recently and improved buying sentiment. To sum up, the market sentiment has turned bearish again.

However, it seems like bears are lacking momentum, which could result in a fresh upside wave in the near term. Home News Bitcoin News. Bitcoin price declined further and moved below a major support at USD 7, Ethereum price also cleared a crucial support at USD and is currently down 5.

Bitcoin and Altcoins at Risk.