HashCash provides Blockchain Enterprise solutions to a large real estate conglomerate in Southeast Asia
Blockchain Enterprise Solutions to a large real estate conglomerate
Blockchain’s revolutionary viability is finally being harnessed in sectors beyond banking, finance, crypto, public governance and more. Property developers can benefit from increased transparency across subcontracts, procurement protocols and more.
PALO ALTO, Calif. (PRWEB)
27 October 2022
The real estate industry handles one of the largest asset classes with estimates suggesting a global market value of over USD 10 trillion. HashCash Consultants, a leading global blockchain development company, has ventured forward to provide enterprise-class blockchain solutions to a significant player in the Southeast Asian real estate segment.
Blockchain, the underlying technology behind cryptocurrencies, has shown a far wider range of applications than previously expected. The distributed ledger mechanism is considered a game-changer across all areas where accurate documentation is critical to operational success. From urban planning to large property management firms, blockchain can facilitate efficient data sharing, streamline rental payments directly to landlords/property owners, and automate due diligence premium payments for properties. However, the uses are not limited to this in itself.
HashCash CEO and noted blockchain pioneer Raj Chowdhury explains: “Blockchain’s revolutionary viability is finally being applied in sectors beyond banking, finance, crypto, public governance and more. Real estate developers can benefit from the increased transparency across subcontracts, procurement protocols and more. »
A blockchain-powered real estate exchange offers a secure decentralized marketplace to leverage the benefits of blockchain through tokenization. The proposed enterprise solution will use blockchain-based digital identities and accelerate KYC/AML compliance between owners and tenants. reduce operating costs while improving safety.
Blockchain-powered smart contracts enable on-chain rental payments and signing, automation of rental payments or additional services. Real-time transaction updates in the general ledger provide financial auditing. Last but not least, the tokenization of real estate assets across a blockchain network simplifies the process of peer-to-peer transfer, enabling traceability of transactions at every step.
“Real estate remains a key pillar of any nation’s economy – creating business and employment opportunities in other related industries as well,” concluded Chowdhury, who had previously highlighted blockchain’s potential in disaster management and weather forecasting.
HashCash has remained a front runner and won several accolades in global blockchain development. The global blockchain specialists have acknowledged plans to expand and diversify into the disruptive metaverse segment by 2023. HashCash-designed products and solutions have received critical acclaim after successfully deploying in over 26 nations on 6 continents, including Finland, Vietnam, Ireland, the United States, and more.
Nations around the world have begun to integrate blockchain technology that allows easier access to database records. It has replaced yesterday’s paper documents with authentic digital assets and shows confirmed changes or transactions on an immutable ledger-based platform accessible to multiple parties. Increasing examples of blockchain integration across the real estate sector testify to blockchain’s potential to strengthen both sides of a transaction, and contribute to the overall economy.
About HashCashh Consultants:
HashCash is a global software company. HashCash Blockchain products enable businesses to move assets and settle payments across borders in real-time for money transfers, trade finance, payment processing and more. HashCash operates a US-based digital asset exchange, PayBito, and digital asset payment processor, Billbitcoins. HashCash offers software solutions for white label crypto exchange and payment processor, ICO services and custom use cases. HashCash drives advancements in technology through Blockchain1o1 programs and investment arm Satoshi Angels. HashCash offers solutions in AI, Big Data and IoT through its platforms, products and services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients worldwide.
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