New York City is and will remain the digital capital of the world—and blockchain is one of the technologies that will get it there, according to a new report.
It’s increasingly hip for companies to find a way to leverage the blockchain, and a Japanese real estate company called Yitanzi is the latest to get some press for its bitcoin efforts. Yitanzi just completed the country’s first bitcoin-transacted real estate deal, selling a commercial building in Tokyo for 547 bitcoin, almost U.S. $6 million. At the same time, Yitanzi has made it known that it will be accepting other cryptocurrencies in the future, though it hasn’t designated any timeline or specific currencies to implement. So is this sale indicative of a new normal? Not especially. “It certainly opens up the possibilities, but I think the opportunity is in blockchain…