Everybody knows that the Real Estate industry is worth trillions of dollars. Therefore it is no surprise that smart tech developers have found a way to incorporate the revolutionary Blockchain technology with the Real Estate industry. It also comes as no surprise that many of these companies have begun to rapidly climb crypto market cap rankings. Here are top 10 Cryptocurrencies and Blockchain companies who are doing justice to Real Estate:
SMARTRealty aims to change the real estate industry by using smart contracts technology to backup real estate transactions like rental agreements, property sales, and so on. Launched in 2018, the platform consists of three major elements that contribute greatly to the efficiency of these transactions namely: The SMARTRealty template contract platform, The SMARTRealty listing platforms and the official RLTY Tokens.
Blocksquare is a network of tokenized CRE real estate properties, backed by Proof of Title (POT). POT is the protocol that links tokenized properties with title data from traditional land registries. The platform is based on Ethereum blockchain technology and the team location is Slovenia.
Real (Real Estate Asset Ledger) is an innovative estate investment platform that is governed by Ethereum smart contracts and employs Blockchain technology. Its goal is to increase the liquidity of the real estate industry.
Property Coin is a California-based real estate Blockchain-powered technology that uses a systemised process to acquire and rehabilitate residential real estate. The platform focuses on trading residential properties and provision of loans to property investors.
Monaco Estate is a real estate investment platform that runs on Ethereum and smart contracts blockchain technology. It focuses on Real estate found in Monaco, one of the most sought-after real estate investment locations in the world. Monaco Estate grants its token holders rental opportunities in high-quality apartments and buildings in Monaco. Token holders are given preferential payment rates with monthly income from the MEST token.
REX is a global listing platform used to list and search for real estate properties for free. Released in 2017, REX connects sellers, buyers and real estate agents over an open network that rewards users for their contributions.
Bitproperty is a distributed network of Real Estate Investment Trusts (REITs) run and purchased by digital tokens. It opens up its users to investment opportunities in real estate markets across the globe. It was announced in December 2015.
Zabercoin is a digital real estate token driven by Blockchain. This coin represents physical assets, in contrast to Bitcoin or Altcoin which represents virtual money. The company is based in South Africa and wants to make real estate investments in the African continent. Although not as decentralized as other cryptocurrency companies, transactions will be secure as they run on Blockchain smart contracts.
The Propy platform gives individuals the power to buy and sell unique homes on a global level. The property transactions are encrypted and secured through Blockchain. It has a team based in California and was launched in 2017.