Top 10 Blockchain Companies Integrating with the Real Estate Industry
Blockchain-based real estate is gaining popularity as a way for buyers, sellers and investors to interact with each other and learn about properties. These top 10 blockchain companies integrating with the real estate industry will give you an idea of how blockchain-based real estate works.
DLORD
THE WHAT?
The purpose of Digital Landlord is to find a cryptocurrency that is backed by the following types of collateral:
-It is digital but not crypto
-It generates income and it is widely available
-It is transferable
-It has no expiration date and is not linked to any specific countryIn an effort to find a cryptocurrency with the best possible conditions for collateral backing, Digital Landlord was developed
DLORD is a deflationary crypto token (to be followed by a coin) that is supported by a perpetual digital asset portfolio and generates cash flow that is indexed to inflation
They have developed a unique business concept that makes money from internet domains all over the world
2. Republic
THE WHAT?
Republic is an open-access startup investing platform
They enable ordinary individuals, not just a few affluent accredited investors, to invest in thoroughly vetted private firms for as little as $10 or as much as $100,000 per investment
Republic was founded to democratize fundraising while also bringing equity investing to the masses, allowing everyone to engage in the next unicorn firm
3. SafeWire
THE WHAT?
SafeWire, formerly SafeChain, offers a solution to the escalating wire fraud issues that real estate businesses, agents, clients, and industries are facing as a result of hacker activity
The SafeWire platform uses a blockchain network to maintain the security of susceptible transactions from the time they are transmitted until they are received and processed, decreasing the amount of money lost, clients lost, and time lost due to wire fraud
4. RealT
THE WHAT?
RealT is a platform that simplifies real estate investments
Their objective is to democratize access to real estate investment possibilities that have been hand-picked by a team of a real estate professional
The Ethereum blockchain is used to denote ownership of certain real estate properties
Most real estate properties are owned by paper deeds but RealT substitutes paper deeds with digital tokens; a new asset ownership mechanism based on the Ethereum blockchain
The digitization of the paper deed into a digital token has distinct benefits in real estate ownership, which are discussed further in other sections of the Wiki
5. PropertyClub
THE WHAT?
PropertyClub is a real estate platform that leverages blockchain technology to improve the way individuals market, search for, buy, sell, and invest in real estate
The startup uses smart contracts to perform real estate transactions digitally using cryptocurrencies such as Bitcoin or its own PropertyClub Coin (PCC)
6. ManageGo
THE WHAT?
ManageGo has a wealth of knowledge in real estate and property management systems
Their team used this information to create a solution that they recognized as having a strong demand in the property management sector
Accept payments, manage tenant support, and save documents using ManageGo
A complete ticketing system for managing requests
Suitable for buildings that provide amenities and other lobby services
7. SMARTRealty
THE WHAT?
The SMARTRealty system is comprised of three key components:
1) The SMARTRealty contract platform consists of a template system that allows contract authors to construct their own SMARTRealty smart contract that meets the needs of their individual transaction and complies with local regulations in their jurisdiction
2) The SMARTRealty listing platforms — The SMARTRealty listing platforms will allow property owners to post their properties for rent or sale, and these listings will be distributed to many other famous real estate sale and rental sites all over the internet
3) $RLTY Tokens — The official SMARTRealty token for usage with SMARTRealty smart contracts is the $RLTY Token
Payments can be made in any major currency (crypto and fiat),they will be instantly converted to $RLTY tokens to ensure accurate recording and tracking
8. Propy
THE WHAT?
Propy is an international real estate marketplace that employs smart contracts to facilitate international property transactions
The platform of the company allows buyers, sellers, and agents to use a series of smart contracts to assist in speed up the real estate process, which is frequently slowed by foreign regulations
9. Harbor
THE WHAT?
Harbor is a regulatory platform for tokenizing private securities like as real estate
To boost market liquidity and transparency, the company is tokenizing real estate assets including funds, private REITs, building ownership, and land
10. StreetWire
THE WHAT?
Headland Holdings Inc, a real estate technology business, owns StreetWire
The goal of StreetWire is to create an encrypted ledger that maintains all of the data required for real estate transactions and is controlled and owned by the data suppliers
RE Ledger is the network consortium of StreetWire
DISCLOSURE:
None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save your time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and this article's information is correct at the time of publishing. As Heraclitus said, “Change is the only constant”, so if anything sounds old or off please holler on the socials or comment here so everyone stays peeled.
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