Smart Contracts
A modern solution to outdated processes
We are developing contracts that will enable people to buy property in days not months.
We will use this technology to create an award winning brand.
The Problem
Traditional real estate is slow, expensive and not guaranteed
Anyone who has bought or sold a property will testify that it is costly and slow. This is due to several professional third parties involved in the transaction. As well as the buyer and seller, there are property solicitors, estate agents, lenders, and other participants. Each one using outdated processes and not communicating effectively with each other. This costs the buyer, the seller and the lender, time and money in the due diligence period. Worse still, until exchange of contracts, the buyer or seller can pull out, leaving the other party with costly fees for a transaction that didn’t happen.
The Solution
Through blockchain technology we are able to build contracts that enable faster property transactions. These contracts are binding meaning that deals certain to complete. This is achieved by bringing all property participants together and ensuring that each person performs their task within a set time period.
Smart Contracts Explained
Smart contracts
A modern solution to outdated processesWe are developing contracts that will enable people to buy property in days not months.
We will use this technology to create an award winning brand.
Tokenized Real Estate
The future of digital currenciesTokenized real estate has huge potential. BlackRock plans to tokenize $10 trillion of real world assets.
Esper Investments has a corporate partnership with the world’s first security token backed by a property development company.