21st December 2022 Digital Bytes

Welcome to this week’s Digital Bytes. This week we have analysis on the following topics:

Blockchains are changing the way you buy your home - blockchain technology has already been successfully used for a number of years in Australia by a company called PEXA, which has recorded over 11 million property transactions. The same firm has recently set its sights on the UK to revolutionise the way in which mortgages are handled and processed. Digital currencies now offer those involved in buying or selling a property an increasing range of options to pay for real estate and avoid many of current costs - potentially much to the chagrin of existing lenders and intermediaries in the property sector.

Takeaways from the FTX’s fiasco - FTX has stolen the spotlight in the crypto world since Terra Luna crashed in May. The fall of the FTX crypto exchange does raise questions regarding the cause, competitors, Sam Bankman-Fried himself and effects of its demise. What lessons can we learn, apart from th…