Billionaire Mark Cuban eyes blockchain use for real-estate innovation
Tech entrepreneur and billionaire Mark Cuban expressed interest in a transformative crypto real estate project to integrate smart contracts and non-fungible tokens (NFTs) to facilitate construction and urban development. This development follows a proposal by Jason Calacanis, a serial entrepreneur, to build ten new cities across the US, each housing a million units. These cities are envisioned to redefine urban living with an emphasis on sustainability and affordability. Cuban’s vision for crypto-driven real estate Cuban took the conversation a step further. The billionaire investor’s proposal involves utilizing a blockchain -based smart contract that operates on a layer-2 scaling solution to ensure privacy and efficiency. So you are saying you will have written a smart contract on a ZK L2 which will check for a construction permit being issued , which in turn will create and send me an NFT that unlocks and delivers 250k in USDC when the oracle checks property and uti...