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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This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.
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