Global real estate company, Propy, completed the United States first recorded blockchain real estate deal in Vermont.

While Propy's first transaction, in the Ukraine, utilized the Transaction Platform and the Propy Blockchain Registry, the Vermont pilot program utilized the Propy Blockchain Registry. The registry is "a set of smart contracts designed to store land records on the blockchain (blockchain LRMS — Land Records Management System)."

To read more on Propy's Transaction Platform, Propy Blockchain Registry and the Vermont pilot program, click HERE.