Latin American real estate company La Haus will accept bitcoin as payment for properties. OpenNode will allow La Haus to accept BTC on-chain and on the Lightning Network.
“La Haus is as soon as once more pioneering using technology to transform Latam housing markets,” the corporate stated in an announcement.
La Haus, a startup that desires to deliver U.S. tech-enabled real estate services to the Latin American real estate market, introduced it might begin accepting bitcoin as payment for houses through a collaboration with bitcoin payments processor OpenNode. The former vice-minister of the digital economy in Colombia, Jehudi Castro-Sierra, will oversee the Bitcoin initiative as La Haus’ vice president of the future.
“La Haus is once again pioneering using technology to rework Latam housing markets, plugging into the open monetary network and accepting Bitcoin via a fully integrated digital process,” in line with a launch despatched to Bitcoin Magazine.
OpenNode will allow the prop-tech market chief in Mexico and Colombia to just accept BTC each on-chain and on the Lightning Network to facilitate real estate sales digitally. The agency was founded by two Stanford graduates, Jerónimo Uribe and Rodrigo Sánchez-Ríos, and is on track to facilitate over $1 billion in an annualized gross transaction value by December, per the release.
“We’re firmly targeted on making homeownership accessible and possible for thousands and thousands of people throughout Latin America,” stated Sánchez-Ríos, president of La Haus. “As we develop throughout Latin America, Bitcoin can clear up among the issues that include shopping for a house with native currencies. The Bitcoin and real estate worlds have excellent synergy.”
Not only can Bitcoin assist to transact parties in Latin America to trustlessly and immediately exchange value without counting on the cumbersome and costly traditional payment rails, but the immutable digital monetary community additionally serves as a preventer of fraud.
“Real estate purchases are another good use case for Bitcoin, a worldwide payment network designed to optimize the transfer of value,” stated Kevin Adekayode, OpenNode’s head of operations. “We’re delighted to be working with La Haus, a forward-thinking company not content to accept the established order. Collectively we’re excited to leverage the facility of Bitcoin, a confirmed rail for secure, instant, compliant, and traceable transactions.”
Source: Bitcoin Magazine