- Latin American real estate company La Haus will accept bitcoin as a payment method for homes.
- OpenNode will allow La Haus to accept BTC on-chain and on the Lightning network.
- “The Haus is once again pioneering the use of technology to transform Latam housing markets,” the company said in a statement.
La Haus, a startup that wants to bring American technology-based real estate services to the Latin American real estate market, has announced that it will start accepting bitcoin as a payment method for homes through collaboration with the payment processor bitcoin OpenNode. Former Colombian deputy minister of digital economy Jehudi Castro-Sierra will oversee the Bitcoin initiative as future vice president of La Haus.
“The Haus is once again pioneering the use of technology to transform housing markets in Latam, by connecting to the open monetary network and accepting Bitcoin through a fully integrated digital process,” according to a statement sent to Bitcoin Magazine.
OpenNode will allow the prop-tech market leader in Mexico and Colombia to accept BTC on both the channel and the Lightning Network to facilitate real estate sales digitally. The company was founded by two Stanford graduates, Jerónimo Uribe and Rodrigo Sánchez-Ríos, and is on track to facilitate more than $ 1 billion in annualized gross transaction value by December, according to the release.
“We are firmly committed to making home ownership accessible and possible for millions of people across Latin America,” said Sánchez-Ríos, President of La Haus. “As we expand into Latin America, Bitcoin can solve some of the problems with buying a home with local currencies. The worlds of Bitcoin and real estate have excellent synergy.
Bitcoin can not only help trading parties in Latin America confidently and instantly exchange value without relying on bulky and expensive traditional payment rails, but the immutable digital currency network also serves to prevent fraud.
“Real estate purchases are another perfect use case for Bitcoin, a global payments network designed to optimize the transfer of value,” said Kevin Adekayode, operations manager of OpenNode. “We are delighted to be working with La Haus, a forward-thinking company that doesn’t just settle for the status quo. Together, we are excited to leverage the power of Bitcoin, a proven rail for secure, instant, compliant and traceable transactions. “