Chris Cade, Farrokh Labib, and Ido NiesenQuSoft & CWI, Amsterdam, the Netherlands.Find this paper interesting or want to discuss? Scite or leave a comment...

OpenAI has announced the launch of plugins for its popular AI chatbot ChatGPT, which could improve the experience for internet users in a big...

Analysis OpenAI this week introduced ChatGPT plugins, a way to extend the scope of its chatbot language model beyond the slurry of internet training...

Martin R. Albrecht1, Miloš Prokop2, Yixin Shen3, and Petros Wallden41King's College London and SandboxAQ. email: [email protected] of Edinburgh. email: [email protected] Holloway, University of London....

On January 20, 2022, Twitter launched a new non-fungible token (NFT) feature for its Twitter Blue users – a paid subscription service that gives its users access to premium services. This includes editing published tweets, posting longer videos, reading news without advertisements and more. Twitter Blue will allow people to showcase the NFTs they own by […]

The post Twitter Launches Verified NFT Profile Pictures appeared first on The Daily Hodl.

  By FintechNews staff Bitcoin is being used in over 270,000 transactions daily, and its usage is only increasing. So, why not use your Bitcoin to make your real estate transactions? The future of real estate is changing to accommodate the use of bitcoin in property transactions, and more real estate companies are facilitating bitcoin […]

The post The growing relevance of Bitcoin in Real State appeared first on Fintech News.

More innovations keep springing up to fascinate and intrigue digital investors with increased cryptocurrency adoption. In line with that, Milo, a fintech startup based in Miami, introduced the first global crypto mortgage. Through the bank’s offer, digital investors have the opportunity of buying real estate in the U.S. by using their cryptocurrencies. Crypto market stands…

The post Fintech Firm Milo To Provide Cryptocurrency Mortgage Services appeared first on Bitcoin News Miner.

Courtesy of a new offering from Miami, Florida-based digital banking and lending platform Milo, investors can leverage the world’s newest source of value to finance a purchase one of the world’s oldest. The company recently announced that it is offering the world’s first “crypto mortgage” – enabling digital asset holders to use their crypto to Read more...

The post Miami-Based Milo Unveils its Crypto Mortgage Solution appeared first on Finovate.

Milo, a Miami-based fintech startup is launching the world’s first crypto mortgage offering for a 30 year-term. Instead of selling one’s bitcoin holdings for mortgage payments, the company now lets Americans and international customers use their Bitcoin stacks as collateral for purchasing real estate in the US. The solution allows clients to continue with their Bitcoin holdings while diversifying into real estate, all the while keeping the potential price appreciation of both. Commenting on the development, Josip Rupena, Milo founder and CEO, said: “There are countless stories of people buying property with bitcoin proceeds only to see it increase in value and be worth millions more. With our new crypto mortgage, we can expand our offerings to consumers that were previously denied by other banking firms just for having crypto. We have an opportunity to make sure that doesn’t happen anymore and their bitcoin wealth can now help them buy a property.” Milo has already granted some loans as part of its early-access stage, and expects the service will be available to most applicants on its waiting list in the coming months.  However, as of yet, it remains unclear as to how much Bitcoin (BTC) will be needed to secure a loan, or the level of over-collateralization needed to balance out the cryptocurrency’s volatility. Miami Mayor Francis Suarez, a proponent of bitcoin, also commented on Milo’s new offering, in a statement that the bitcoin mortgage is a “groundbreaking achievement” for advancing U.S. dominance in the Bitcoin ecosystem. “To become the Capital of Capital, Miami needs companies like Milo who are willing to innovate and ideate,” he added. Milo isn’t the first company to dabble into crypto mortgages. In Aug 2021, United Wholesale Mortgage tested crypto mortgage repayments with Ether (ETH) and Bitcoin (BTC) in a pilot program. However, a month later, the plan was scrapped due to regulatory uncertainty.

The post Fintech Startup Milo Launches the First-Ever US Crypto Mortgage appeared first on Cryptoknowmics-Crypto News and Media Platform.

The fintech announced U.S. and non-U.S. customers alike would soon be able to use bitcoin as collateral to invest in real estate.