Sara Technologies

Real Estate Blockchain Consulting

Blockchain enables real estate agents to store the property and construction records transparently without any control of central authority and free from middle man interferences.

Blockchain Real Estate Solutions - Real Estate Blockchain Development | Consulting

The highest degree of fraud in real estate is due to fake agreements and false manual commitments, which stop people from investing in real estate. The decentralized supply chain system can simplify acquisition by managing the reputation of distributors and sub-contractors, incentivizing those performing well. Integrating blockchain technology into real estate can automate this entire process via Smart Contracts empowered consensus mechanism where even strangers can trade trustelessly and headache-freely.

Blockchain has eliminated the need for intermediates; transaction processes directly between the receiver and sender nodes. This reduces the transaction cost by increasing the transaction speed; thousands of transactions can be processed within a fraction of seconds. Contract agreements and payment terms can be automated to improve financial administration. Blockchain ensures the genuineness and authenticity of premium products at their source by connecting products with NFTs and utilizing these as digital blockchain receipts. Ultimately, blockchain can smoothen project administration by using end-to-end operations. This empowers real-estate managers to promptly and securely share and track the status of projects with significant shareholders and reduce bottlenecks, enabling more effective and productive project management practices.

Real Estate Blockchain Development Benefits

Permanent Ownership Records

Transparent and Secure Deals

Tamper Proof Data Record

Decentralized Access

No to Middle Man

Trustless Ecosystem

What All Real Estate Blockchain Solutions Have to Offer

Smart Contract Empowered Consensus

Blockchain can build, validate and audit contracts on a real-time basis, all around the globe, without middle man interference. Each transaction in a decentralized ecosystem has predefined instructions; only if these instructions get satisfied, the transaction reaches success. Decentralized ledger technology ensures complete transparency to all the associated nodes and eliminates the chances of payment disputes.

The integration of Smart Contracts in real estate boosts the leasing and renting process by saving a lot of costs and improving due diligence. Blockchain real estate solutions can automate the identity and income validation process while reducing the possibilities of data tampering, fraud, and unauthorized access to private records.

Transaction Security

Unlike traditional banking systems, decentralized real estate financial systems can process thousands of transactions on a real-time basis every fraction of seconds. The offer submission, title validation, verification and acceptance of that offer, financing, due diligence process, and closing can all be tested and systematized within a decentralized ledger. The real estate brokers and agents can access a crucial implication while processing their transactions.

Land Titles

Unlike traditional offline document and recordkeeping practices, blockchain technology can store and validate these crucial judicial documents to improve transparency into real-estate practices. Blockchain-enabled systems help verify the real ownership with land titles to avoid any unnecessary land disputes.

Financing

Based on the blockchain records, income proof, identification, credit checks, mortgages to income ratios, etc., can be taken into account. The entire debt financing procedure is filled with frustration and friction. If all the important documents and data records are stored on a decentralized ledger, the dependency on central authority comes to an end, and you no longer require to involve in lengthy and unwanted paper works associated with your broker or banking.

Leasing

Complete details associated with contract signing and identity validation can be facilitated and stored on a blockchain, whose access is publicly available. The decentralized can securely facilitate and store the details of employer checks, tenant's income verification, or other references.

Ownership

It is no more than a headache to verify and validate the ownership of real estate properties and constructions. This lack of transparency causes disputes between lenders and dealers. Blockchain real estate solutions use a single origin of truth to validate asset ownership. This involves partial ownership using a token, and the records of all these token owners are available for public access.