Ex-SEC Commissioner Takes on Key Role at Blockchain Real Estate Platform Propy

cryptonews.com:

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Blockchain real estate platform Propy on Friday appointed Michael Piwowar, a former acting SEC chairman and commissioner, as an advisory Board member. He will guide the company through key regulatory environments, the company said.

Michael Piwowar was a US SEC commissioner from 2013 to 2018. He now serves as a distinguished policy fellow at Georgetown University’s Center for Financial Markets and Policy. He also worked as a senior economist at the White House under George Bush and Barack Obama.

“I’m incredibly excited to be aligning with Propy as the real estate market presents an enormous opportunity for innovation,” Piwowar said. “Real estate is a cornerstone of the global economy, and leveraging cutting-edge technologies like blockchain and AI are essential to overcoming the many challenges the industry faces.”

Also on Friday, Propy announced that journalist Michael Casey joined its Board after serving four years as Chief Content Officer at CoinDesk. Casey also helped launch the MIT Media Lab’s Digital Currency Initiative, where he still advises.

Before that, he worked at The Wall Street Journal as a reporter, editor and columnist. He has also authored six books, including his latest, “Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age,” co-written with business leader Frank McCourt.

Propy uses blockchain, smart contracts, and cryptocurrency to revolutionize real estate transactions. Users start by selecting properties like traditional listings, but Propy adds blockchain for extra verification and security. Once the buyer and seller agree, Propy creates,