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Coadjute, the real-time network that connects the property market, has announced plans to enable retail banks in the UK to issue a mortgage stablecoin on their network, working in partnership with global technology firm R3.

A UK fintech company is gearing up to launch a national sandbox with banks, broker software providers and conveyancing firms to test a mortgage stablecoin designed to improve the mortgage completion process and combat fraud.

The current process for completing a property transaction has seen little innovation in the last 20 years. Multiple parties move large amounts of money between a complex array of accounts, often using email and phone calls to communicate and check details.

Stablecoins issued on the Coadjute Network will be the first UK Retail Bank stablecoins and the first in the world expressly designed to speed the completion of mortgages.

Coadjute, the real-time network that connects the property market, has announced plans to enable retail banks in the UK to issue a mortgage stablecoin on their network, working in partnership with global technology firm R3.

Following its successful launch this month, leading PropTech Coadjute today announces the appointment of three new Advisory Board Members, strengthening their expertise and avenues for collaboration with all sectors of the property market.

Today the UK became a world leader in the digitisation of its property market with the launch of Coadjute, a new, real-time network to speed up property transactions.

One of the characteristics of the property market that makes it unusual is how many different professions are involved to complete a property transaction.

In this webinar we were joined by Dan Salmons, Coadjute’s CEO to find out more about their network and how it’ll benefit Osprey Approach’s customers.

R3’s Katerina Koutoulaki was joined by John Reynolds, COO and Founder of Coadjute, to discuss the craziness of the property market right now, and how digitally connecting the property market benefits everybody in the property sales chain.

Rob Hailstone, CEO of Bold Legal Group and Dan Salmons, CEO of Coadjute discuss 'Connectivity in Conveyancing'.

R3's Coadjute case study with Dan Salmons, CEO and John Reynolds, COO of Coadjute.

Coadjute is digitally connecting the property market.