The real estate industry is poised for a technological leap forward that will deliver immense value to key stakeholders – buyers, sellers, mortgage lenders and government registries. There is huge scope for increased efficiencies because the basic steps for concluding any real estate transaction are repetitive, documentation is standardized, the closing process which runs on hard copy documents is antiquated, and the number of parties involved in any transaction is vast.
- Launch web app<br />
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- Debugging and platform refinement<br />
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- Expansion of operational and in-country sales channel partnerships<br />
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- Refinement of post-Phase 3 roadmap and target market
Commercial launch (12 months post-ICO)
- Intensified marketing<br />
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- Continued expansion partnerships and staff<br />
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- Build operational capabilities
Conversion of legacy records systems (post-ICO; opportunistic)
- Work with local government to convert property records to blockchain in selected markets<br />
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- Work with selected lenders to convert mortgage documentation to blockchain
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