Chicago’s Cook County to Test Bitcoin Blockchain-Based Property Title Transfer With Velox

Chicago’s Cook County to Test Bitcoin Blockchain-Based Property Title Transfer With Velox

Through an exclusive partnership with real estate tech startup Velox.re, Chicago’s Cook County will test the use of the Bitcoin blockchain for transferring and tracking property titles and other public records. The Cook County Recorder’s Office is the second largest such office in the United States, and it it will be the first in the country to experiment with blockchain technology.

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