The innovative platform, built for Homebuyers, Real Estate Service Providers, Financial Institutions, and Property developers eliminates cases of double allocation of titles for the same property by ensuring that title information is verified and stored on an immutable digital registry that is constantly cross-checked and updated by a powerful network of computers.
Some of the key benefits of the block-chain powered property registry system includes its ability to create a single source of verifiable ownership (property status) while ensuring a speedy and guaranteed online and real-time title authentication process. It also ensures transparency of land title processes, reduces potential for land disputes as well as the costs and transaction time for acquiring permits and approvals for financial and construction-related activities.