An increasing number of real estate companies are accepting cryptocurrencies as a form of payment.
The London-based Westbury Investments real estate company will now accept cryptocurrencies for investments in real estate in Dubai, the company announced on Wednesday.
The announcement will allow investors to use cryptocurrencies as a method of buying properties that are part of the company’s ongoing projects being done in partnership with the Dubai-based Samana Developers.
According to Westbury, the transparent and secure nature of blockchain technology “makes it an incredibly effective solution in carrying out transactions of this nature”.
Source/More: UK firm to accept crypto payments for Dubai property projects – Property,UAE – ArabianBusiness.com
