Global property Store with Decentralized Title Registry
Smart contract blockchain
Nataila Karayaneva - CEO
Andrey Zamovskiy - Chief Blockchain Architect
Alex Voloshyn - CTO
Maria Angelova - CFO
Propy aims to the highest high - they expect not only to become a store or a marketplace of real estate, but also to occupy a niche that was previously only available to states - registration of property rights (real estate) with the help of blockchain and smart contracts. Propy claims to be the world’s first international real-estate marketplace. Technically, there are no obstacles here. But legally, property rights are still registered by states and they are unlikely to want to voluntarily share this right. The advantage of the project is a team with extensive experience in real estate. The advisory board consists of members who have experience of working with Apple, Stanford or blockchain project Civic, which is also an official partner.
User ReviewWrite review 2 reviews
propy is here to solving real estate investor problems by enhancing the connection between entities globally. through purchase of real estate online with little or no hazzle. propy will adopt the highest legal means by which real estate owner and buyers can perform transaction without worrying of being defrauded.
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Propy wants to create easy way for everyone to buy real estate everywhere. It aims to cut off all the middleman and paper work, a buyer needs to go through to buy property, especially abroad. However, I'm not sure of legality of this as every country has it's own regulation and the paper work to be done and middlemen are not there without a reason. The developers kind of hope that governments will see how easy it is to use that platform and legalize it, however it's a brave hope. It wants to solve it by exchanging properties for money in a p2p way.
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