Propy (PRO) ICO

updated 19 July 2017

Global property store with decentralized title registry

Whitepaper
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Status: ended
Start: 15 August 2017
End: 15 September 2017
Cap: 35 000 000 USD
Goal: 0 USD
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Propy.com is dedicated to solving the problems of purchasing property across borders. Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time. Propy.com is dedicated to solving the problems of purchasing property across borders. Propy is the world’s first international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time.

Propy works with current legislation to facilitate transactions while also providing a superior blockchain infrastructure which can be adopted by various entities to reduce redundancy and fraud. For example, Propy has agreements with Land Registries/Recording offices to use blockchain hashes for each ongoing transaction. While Propy has an effective solution that works inside today's legal frameworks, the current solution only scratches the surface of the potential disruptive effects of blockchain technology in the Real-Estate industry. The global land registry provided by Propy can serve as a single point of authority that international entities can access. Once governments and organizations realize the benefits of an open and trustless title registry platform, legacy title registry systems will be seen as slow and redundant.

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