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Real Estate Crypto Payments

fäm Properties Pattered with Huobi on a Crypto Payment System

— February 5, 2020 — Business
fäm Properties is a real estate agency based out of Dubai, and recently the company partnered with Huobi to accept crypto payments. fäm Properties is one of the leading real estate companies in the region, and the organization has a history of integrating technology into its operations. The partnership dictates that Huobi will manage the transaction process for clients of the real estate company.

Allowing crypto payments gives real estate investors more flexibility with payment methods. Additionally, a variety of cryptocurrencies can be used, including Bitcoin, Ethereum, Ripple, and more. Hubi will also be adding more cryptos in the future.

The CEO of fäm Properties, Feras Al Msaddi, spoke about the new partnership, "This cooperation between fäm Properties and Huobi will allow real estate investors to leverage on a well-established and well-tested smooth framework that provide them with an absolutely faultless experience."


Image Credit: Shutterstock
Trend Themes
1. Real Estate Crypto Payments - Accepting cryptocurrency payments in the real estate industry is a growing trend that can streamline the transaction process and provide more payment options for investors.
2. Integration of Technology in Real Estate - fäm Properties' history of integrating technology, such as accepting cryptocurrency payments, into their operations highlights an ongoing trend of technological disruption in the real estate industry.
3. Expansion of Cryptocurrency Usage - The acceptance of cryptocurrencies beyond traditional financial sectors, such as real estate, represents a trend towards the increased adoption and expansion of cryptocurrency usage.
Industry Implications
1. Real Estate - The real estate industry can benefit from disruptive innovation opportunities such as accepting Bitcoin, Ethereum, and other cryptocurrencies as payment options for investors.
2. Cryptocurrency - As more industries like real estate continue to accept cryptocurrencies, the use and adoption of cryptocurrencies will continue to expand, leading to more innovative applications of the technology.
3. Financial Technology - The integration of cryptocurrency payments into real estate transactions highlights the disruptive innovation opportunities in the intersection of financial technology and the real estate industry.
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