Propy Expands AI And Blockchain Platform For Real Estate Closings

Real estate transactions are increasingly moving toward digital platforms as companies seek to reduce delays linked to paperwork, manual approvals and fragmented closing processes. Propy, a Miami-based real estate technology company, is expanding its use of blockchain and artificial intelligence to automate title and escrow operations.

Blockchain: Moving Value, Not Just Information

Natalia Karayaneva, founder and CEO of Propy, said blockchain technology allows property records and transactions to be stored through decentralized digital ledgers designed to reduce fraud risks and improve record transparency. Use of blockchain in real estate has expanded as companies explore digital systems for transferring ownership records and processing payments.

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AI Integration: Streamlining Traditional Processes

Supported by a $100 million credit facility from Metropolitan Partners Group, Propy is consolidating title and escrow companies into a platform powered by AI automation. The system extracts information from signed purchase agreements and processes transactions through blockchain-based smart contracts. Propy has also introduced Avery, an AI agent designed to assist with escrow-related workflows and transaction management. According to the company, automation tools are reducing closing times from weeks to several hours in some transactions.

Regulatory Legitimacy Fuels Industry Adoption

Recent regulatory developments, including the GENIUS Act, have increased institutional interest in blockchain-based financial infrastructure. The legislation established rules for stablecoins and reserve requirements, contributing to broader adoption discussions among developers, REITs and investment firms exploring digital transaction systems.

Conclusion: A New Era In Real Estate

Real estate companies continue to test blockchain and AI applications aimed at reducing transaction times and administrative costs. Expansion of digital closing platforms reflects broader efforts across the property sector to modernise transaction infrastructure and automate operational processes.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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