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Briefing
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- Blockchain in Real Estate – City of Rotterdam partnered with Deloitte’s Netherland branch and Cambridge Innovation Center to develop new system for real estate transactions leveraging blockchain technology
- Application – Will initially be tested on recording lease agreements, but soon expand to other services such as recording payments
- Benefits – Include reduced transaction times and costs, while digitized transactions allow for future data analysis enabling buying, selling, and construction decisions
- Other Projects – Port of Rotterdam also exploring blockchain applications, while national and municipal governments are undertaking digital modernization effort
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Accelerator
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Sector
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Real Estate and Construction
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Organization
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Cambridge Innovation Center, Deloitte Touche Tohmatsu Ltd., Port of Rotterdam
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Source
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Original Publication Date
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December 12, 2016
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