Jason Hartman talks with Natalia Karayaneva, founder of Propy, about how the blockchain can be used in real estate transactions. The main purpose of doing so is that it can drastically reduce closing costs, and potentially eliminate the need for title insurance in the future (if states allow it). Jason and Natalia look at the uses for Propy and how it can be used both in and outside of the United States.
[1:30] How can the blockchain be used in the real estate world?
[8:26] Do countries outside the US needs this more than the US does?
[13:04] Propy is mostly going to be cutting down on closing costs
[14:12] How do you use Propy in real life?
[18:54] What’s the future for Propy?