CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$23,260.00
  • ethereum
    ETH$1,672.79
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Crypto News » Major Japanese Home Builder Uses Blockchain For Rental Contracts

    Major Japanese Home Builder Uses Blockchain For Rental Contracts

    Author: George Georgiev

    Last Updated Jun 24, 2020 @ 11:13

    Sekisui House, one of Japan’s biggest home building firms, is set to use Blockchain technology to ease and simplify the rental process and leasing contracts.

    First Steps In Using Blockchain As A Fundamental Tool In Rentals

    As recently announced by the company, the preparations to put some of its rental home contracts on Blockchain are already on the go.

    The plan is for Sekisui House to use the technology for rental housing agreements, which will also include additionals like coverage of electricity and gas as well. The transformational changes are set to be implemented until March 2021.

    The integrations will reportedly simplify processes for tenants as well when they enter into a rental property for the first time. Those staying in the “Shamaison” rental homes will have to simply register their phone number and address so that they can step into the property. There will be no physical contact with a real estate agent, and basically, the only thing a tenant will need is a smartphone.

    Blockchain Tech Spreads To A Range of Industries

    At this point, major companies and even governments have been experimenting with blockchain technology quite consistently.

    ADVERTISEMENT

    It’s now becoming evident that the technology can span well beyond the fintech sector as it has been used in healthcare, real estate, cybersecurity, manufacture, transport, charity, retail, and even governmental activities.

    Most recently, the Chairman of the US Federal Reserve, Jerome Powell, endorsed an Ethereum-backed reference rate project to replace the current London Interbank Offered Rate (LIBOR).

    Another example came from Saudi Arabia. The country’s Monetary Authority (SAMA) tapped blockchain technology to execute money transfer and deposits. Moreover, this is just a step in the country’s plan to keep up with the overall trends in the fintech sector.

    China, on the other hand, used distributed ledger technology to issue an asset-backed commercial paper (ABCP) worth $17 billion to the country’s financial market.

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

    You Might Also Like:

    • China. Source: Forbes
      Major Chinese Bank to Sell $3 Billion of Debt Using Blockchain
    • bmw_cover
      BMW Korea Goes Blockchain: Reward Program Inbound
    • bitcoin_history
      World Economic Forum Wants to Study Blockchain and Crypto
    Tags: Blockchain Blockchain Adoption Japan
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    George Georgiev
    More posts by this author

    Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

  • bitcoin
    BTC$23,260.00
  • ethereum
    ETH$1,672.79
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

    Why ZK-Rollups Are the Future of Ethereum Scaling: Interview with StarkWare PM Gal Ron

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    2022 Was Crypto’s Dot Com Bust: Let’s Recap Tech Stocks After 2000 (Opinion)

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!