Experts say the technology behind Bitcoin will change the way we buy and sell property

first_imgThe technology behind Bitcoin is transforming the future of business and property dealings. Photo: Dan Kitwood/Getty ImagesACCORDING to a recent survey of experts, the technology behind Bitcoin will soon be widely adopted, transforming the way we trade real estate.The survey, conducted by comparison website, sought comment from a selection of economists and analysts.93 per cent of respondents did not expect digital currencies like Bitcoin to be adopted for widespread use.However, 94 per cent of respondents believed blockchain technology, the instantaneous ledger system used by digital currencies, will soon have widespread adoption in the financial sector and insights manager Graham Cooke, said their study showed experts believe blockchain is the future of business.“While you may never pay for your daily coffee using Bitcoin, the blockchain system that backs the currency is here to stay,” said Mr Cooke.More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoBlockchain is a ‘distributed ledger’ which is a ledger stored and replicated across thousands of databases.Under the blockchain, when a transaction is logged and verified, the ledger is updates across all databases.“The blockchain allows transactions to be recorded instantly and simultaneously across the globe, which proves who owns what at any point in time,” Mr Cooke said. BEGINNERS GUIDE TO BLOCKCHAIN “Once you send an asset to someone by blockchain, you no longer have that asset yourself, and this is recorded simultaneously across thousands of computers, making the transaction record undisputed and unhackable,” Mr Cooke said.Mr Cooke said the system is set to redefine business and finance transactions, including those of real estate.“Both businesses and consumers can benefit from faster transaction processing and fewer transfer fees that would normally be charged by an intermediary — it’s a massive game-changer,” he said.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

Gold Coast development offers luxury living with ‘The Deck’

first_imgRenders of The Deck at Signature Broadbeach.SJB Interiors designed The Deck.“The Deck’s shared spaces encourage relaxation and interaction with neighbours and friends, while responding to the building’s physical form and coastal location, creating a series of recreational and tranquil spaces,” SJB Interiors director Ljiljana Gazevic said.“Signature Broadbeach has been designed to celebrate the unique lifestyle that represents living on the Gold Coast.”Signature features a collection of one, two and three-bedroom residences across 35 levels.Apartments start from $475,000. The pool at Signature Broadbeach.The resident’s lounge and private dining room integrate with the pool area and provides intimate spaces for formal and informal entertaining.More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe outdoor barbecue and teppanyaki grill area are perfect for casual poolside dining, while a cinema and gym provide an outlet for residents looking to relax, unwind or exercise.“No other residential development in this market offers the extent or quality amenity of Signature, which was inspired by the amenity of luxury hotels,” Mr Pyke said. Renders of The Deck at Signature Broadbeach. Renders of The Deck at Signature Broadbeach.WELCOME to a new level of living at Broadbeach.Little Projects’ development director Leighton Pyke said The Deck at Signature Broadbeach was designed to complement its beachside location.Exclusively for residents, a 50m infinity edge pool is the centrepiece of the space. Renders of The Deck at Signature Broadbeach.last_img read more

Man dies of electrocution

first_imgAccording to the police, Inventorclimbed the post of Panay Electric Company and intentionally touched thelivewire around 2:30 p.m. on March 20. ILOILO City – A 27-year-old man waselectrocuted in Barangay Tagbac, Jaro district. He was identified as Emmanuel Inventorof Barangay Daan Banwa, Estancia, Iloilo center_img He was brought to the Iloilo MetroHospital in Jaro district where the attending physician later declared himdead./PNlast_img

Pellegrini silent on City link

first_img He added: “Once I have finished here in Malaga – Malaga have qualified for Europe – and completed the match we will see where my future lies. “But now I will only discuss my present position with Malaga.” City have just completed a two-game post-season tour in the United States where they twice beat Chelsea. City midfielder Gareth Barry is aware of Pellegrini’s pedigree. He told Sky Sports News: “I don’t know too much about him but people who do know him and who have played with him have spoken highly of him so that’s good.” The Malaga coach, who has already confirmed he will be leaving the Primera Division side after next weekend’s final game of the season, is focused on Sunday night’s penultimate match with Deportivo La Coruna and helping Malaga qualify for Europe. He told a press conference: “I have answered this many times (questions about City). Once we have played Deportivo we will see about my future and where I am going. I haven’t signed any contract yet.” Press Associationcenter_img Manuel Pellegrini, the favourite to succeed Roberto Mancini as manager of Manchester City, has refused to talk about a move to the Etihad Stadium.last_img read more