Finding a profitable outcome in order to centralize and create liquidity has been something investors in the blockchain sector of the real estate industry have been endlessly searching for. However, there is a startup that has been looking for ways to solve this using their platform. Propy is in a bid to become an option for international peer-to-peer transactions in real estate in hopes of helping it prosper.
Propy is, as explained by the website through International Real Estate News, a "global real estate marketplace with decentralized title registry." It's another partnership between blockchain and real estate where the process is made quicker by providing an avenue for asset transfer and property selling that is simpler to use.
Buyers, brokers, sellers, and title agents are encouraged to use the website for their transactions and smart contract negotiations. Digital transfer of ownership will also be done on the platform, made more secure because of the blockchain technology surrounding it. Propy is built on the Ethereum blockchain, one of the best blockchain platforms out there.
In line with this, Propy is also involved in a little charity work. San Francisco is the target for their latest project. Known as a hub of everything tech, homelessness should have no room here.
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