Propy is revolutionizing home purchasing globally by deploying smart contracts on the blockchain. Their disruptive solution helps buyers find a dream home, sellers find the best buyer, the agents and the title company to do the paperwork online. All of them participate in a seamless online process.
Propy’s blockchain-based land registry allows people to record the proof of ownership of their properties on a decentralized registry. Thanks to this feature, the document is securely backed up in an encrypted environment and is available 24/7 worldwide, in case the original is lost and/or destroyed.
Propy’s transaction tool is a blockchain-based solution that allows all stakeholders in a real estate transaction to collaborate online. Through this feature, their platform reduces the closing time and costs significantly, as it removes the need for all parties to be in the same physical location.
Since the platform is adaptive, all jurisdictions are supported and the signed documents are legally binding. You are essentially filling out and signing the same papers as you would have to in a regular real estate transaction.
Deed Registration tool can secure your current and future deeds after transactions are over. They are uploaded and stored on distributed storage with immutable logs.
Blockchain-enabled title registry allows counties in the U.S. and state authorities in other countries to record a property ownership data on blockchain. It is much safer than the conventional databases.
Listing platform allows sellers and their agents to get access to the global real estate market and connect with remote, overseas buyers and investors.