May 3, 2018, Palo Alto, California – Propy, the global real estate marketplace with a decentralized title registry, continues to revolutionize the real estate industry. Shortly after being listed on two of the top exchanges, Bittrex and Upbit, the company released a new technology-focused roadmap for 2018.
Propy was founded in 2016 by CEO Natalia Karayaneva, a real estate developer with a background In software engineering, After a successful token sale, the blockchain start-up completed the first transaction on their smart contracts, in October 2017. Since then, Propy has delivered new app releases and deployed blockchain registry pilots in Ukraine, Vermont, USA and a first historical deal in California is expected soon.
The project is being developed by a team of researchers and engineers from Apple, Facebook, Linkedin, and Intuit, along with Silicon Valley realtors. In a recent blog post Propy details the 2018 roadmap and how it plans to solve some of the main challenges in the international real estate.
Alex Voloshyn, CTO of Propy, envisions a thriving year for Propy: ”We have ambitious goals for 2018 and the engineering team is excited to work on the groundbreaking technologies for the Transaction Platform and Propy Registry. In particular, partially-private consortium blockchain with automatic anchoring to the public Ethereum, integration of our IPFS fork for documents storage, and the on-chain privacy solution. These goals are aggressive, but we have out-performed our deadlines in the past and we will work tirelessly to do it again!”
To develop the platform into an efficient one-stop real estate shop, Propy will integrate a crypto and fiat currency exchange. Furthermore, a Blockchain-based explorer will allow to monitor the public ledger data, and verify transactions.
Propy is a global real estate marketplace with a decentralized title registry. Propy aims to solve the problems facing international real estate transactions by creating a novel unified property payment solution and asset transfer platform on the blockchain.
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