17 Top Blockchain Real Estate Companies To Know 2022
Vacation rental houses. Parking spots. Even dream homes. Before long, they’ll all be purchased on a blockchain. In fact, real estate blockchain is already gaining popularity as a way for buyers, sellers and investors to interact with each other and learn about properties.
But why is blockchain poised to give the real estate industry such a significant leg up? First and foremost, by leveraging distributed ledger technology (DLT), it increases trust through greater transparency. And in real estate, trust — of a website, an agent, a listing — is imperative. Real estate blockchain also expedites contract processes, saves time and reduces costs.
Blockchain Real Estate
Blockchain’s inherent system of trust makes it the ideal technology for real estate. Real estate companies all over the globe are using blockchain’s smart contracts and ledger abilities to transparently and efficiently facilitate renting, buying, investing and even lending.
Because the daily rate of real estate transactions is so immense, a common database of leases and purchases is more necessary than ever. Blockchain can provide that. Upgrading the traditional Multiple Listing Service database to a blockchain-based one would create a far more transparent ledger system where brokers and agents could see the entire transaction history of a property.
Besides helping the traditional real estate industry, blockchain is also being adopted by the burgeoning property-sharing sector. Below are 17 real estate blockchain companies that use the increasingly popular technology to boost business.
Blockchain Real Estate Companies to Know
- Vairt
- StreetWire
- ShelterZoom
- PropertyClub
- ManageGo
- RealBlocks
- SMARTRealty
- Propy
Blockchain Real Estate Companies to Know
Location: New York, New York
Republic allows people to invest in the opportunities that mean the most to them and contribute toward a better future for themselves and others. From highly-vetted startup opportunities to real estate, video game and crypto investment options, Republic allows investors to help build up new projects, places and currencies and reap the rewards down the line.
Location: Columbus, Ohio
SafeWire, which has been acquired by ClosingLock, presents a solution to the growing wire fraud challenges that real estate firms, agents, clients and industries face due to hacker intervention. The SafeWire platform operates via a blockchain network to ensure security for vulnerable transactions from the moment they are sent to the time they are received and processed, reducing the money, clients and time lost due to wire fraud.
Location: Cincinnati, Ohio
Vairt is a platform designed to help users earn secondary income by building and diversifying a global real estate network. The robust platform offers several resources and tools to provide the best possible outcomes when investing in fractional real estate. That includes market overviews, neighborhood insights, property analysis and long-term support, all operating on a blockchain network for supreme security.
Location: Aventura, Florida
RealT is a fractional real estate investment platform that allows investors around the world to invest in the U.S. real estate market through a fully compliant, token-based blockchain network. The platform lets investors buy into tokenized properties with permissionless Ethereum and maintain access to cash flows and low maintenance ownership via RealTokens. It gives owners access to rent payments weekly through US-Dollar stable coin, xDai or Ethereum.
Location: New York, New York
PropertyClub is a real estate platform that uses blockchain to refine the way people market, search for, buy, sell and invest in properties. Using smart contracts, the company conducts real estate transactions digitally using cryptocurrencies like Bitcoin or its own PropertyClub Coin.
Location: Brooklyn, New York
ManageGo is leveraging blockchain for rental property owners. The ledger-backed software helps property managers and owners process payments, thoroughly complete credit background checks and manage maintenance ticketing.
Location: New York, New York
RealBlocks uses blockchain to create new avenues for real estate investing. Its platform lets investors buy fractional interest rather than entire portfolios or assets. Through tokenization that’s applied using blockchain technology, RealBlocks helps reduce fees, speed up processes and provide liquidity options.
Location: Seattle, Washington
SMARTRealty uses smart real estate contracts to enact and maintain property purchase and rental agreements. Whether it’s paying rent, establishing mortgages or purchasing a home, the company’s smart contracts help to establish protocols that, if not met, immediately dissolve a contract.
Location: San Francisco, California
Propy is a real estate marketplace that uses smart contracts to enact property transactions. The company’s platform enables buyers, sellers and agents to use a series of smart contracts that help speed up the real estate process.
Location: New York, New York
Docuwalk, ShelterZoom’s document management platform, uses blockchain to manage all aspects of the real estate offer and acceptance process. The secure online platform records every action along the path to closing on a real estate deal to ensure an immutable financial record.
Location: New York, New York
StreetWire creates secure transaction solutions for the real estate industry through a data provider-controlled encrypted ledger. Its platform facilitates faster and more transparent property transactions.
Location: New York, New York
CryptoProperties or CPROP builds blockchain data applications that focus on identifying new opportunities, reducing risk and pinpointing issues in the real estate industry. CPROP’s technology is applied to multiple real estate areas, including brokerage transactions, investment management, property development, finance and insurance.
Location: Manhattan Beach, California
The Crypto Realty Group is a consulting firm that works with crypto escrow and financial consulting companies to help clients buy and sell residential, commercial, local and international real estate using cryptocurrency.
Location: Ljubljana, Slovenia
Blocksquare‘s real estate tokenization protocol can be used to digitize the value of real estate assets while its white-label platform can be used to launch investment platforms. The company says companies of all sizes can take advantage of its blockchain infrastructure.
Location: Palo Alto, California
RealtyBits facilitates blockchain-based investing in real world assets including real estate. Users can create a free account and get verified in under a minute. Once they’ve invested, RealtyBits provides a dashboard that allows them to monitor their assets. Coinbase is among the company’s investors.
Location: San Francisco, California
Figure uses blockchain technology to provide financial services to consumers and institutions. For example, Crypto Mortgage Plus lets people use crypto for a home mortgage and the company also offers Figure Marketplace, a blockchain-based investment platform.
Location: Wilmington, Delaware
Ubitquity’s products include its Non-Fungible Title platform giving titles a digital identity and Ubitquity Pay for crypto payments and real estate transactions. The company says its open source blockchain platform provides “a simple user experience for securely recording/tracking of title and other critical documents.”
