In this series focusing on Ripple, we are covering the different layers of the organizations’ tech stack and its known asset XRP. In the previous entry, we reviewed RippleNet and saw that it runs on the xCurrent system. In this episode, we will focus on xCurrent and the underlying ILP protocol.

xCurrent vs xRapid

Sometimes you can mistake the xCurrent and xRapid products. We will take a look at the inner workings of xRapid later, but for now, the difference is that xCurrent is a product used by banks to enable inter-operations between different ledgers and networks. …


A recent debate warranted me to analyze a decision I made to opt for a mongoDB and Firestore, both noSQL technologies over something that supports structured query language (SQL) as our core database at Moowle.

Here is my thought process, for those experiencing a dilemma on this topic or want to learn more about the fundamental differences and how the decision will affect the product development process.

Before deciding on the initial approach, consider the following categories.

Non-functional requirements (e.g CIA triad, ACID, etc). Regardless of the specific database technology, in 2019, most of the requirements can be fulfilled. That said, there are differences in the design and development approach that most widely used SQL (e.g MySQL and PostgreSQL) and noSQL (e.g mongoDB) technologies differ in. …


The rapid growth of cloud and open source software have given rise cohort of tech unicorns. These unicorns have tackled and changed industries in finance, transportation, BI, real-estate, and others. Besides Airbnb, real-estate technology (proptech) companies are, due to the market’s younger age, still relatively low-key compared to their counterparts in more mature industries. With an increasing rate of venture dollars spilling into proptech, my call is that this is about to change.

Upwards of $16 billion in venture capital has flowed into real estate-related startups across the category in 2019. Let us look at who some these startups are and who are the VC investors putting their money into the global proptech market. …


It is no news that the banking industry has been in a state of change over the last decade driven by crypto and blockchain startups. Although the changes in banking are slow, their lack of pace should not be mistaken with a lack of innovation. Instead of waiting to be disrupted, financial institutions are jumping the crypto train in the hopes of a more profitable future. One of the drivers of that train is a company called Ripple.

Ripple’s technology makes interbank transactions fast (4-seconds fast) and low-cost (est 60% lower).

In this series, focused on cryptocurrency, I want to shed light on the Ripple’s technology stack and how it is helping to solve problems in the banking vertical without disrupting [latin disruptus: to break] the industry. …


We Company has, over the years moved from lease length arbitrage to management fee collection to construction, and is now pivoting back to basics.

WeWork has always carried a risk with its long-term leases which could realize during economic slowdown when it would lose its short-term customers. The bubble didn’t have to burst for the company to implode. A self-inflicted wound has brought the company valuation down from $47 billion to everywhere between $5 billion to nothing.

These additional revenue streams were not meant to generate profits but to help brand the company favorably in the eyes of the investors.

Co-working, in essence, has two models. An Airbnb like concept, where the company is an intermediary platform brokering shorter-term workspace, and an operator model, in which the business controls the capital asset. Brands active in the former space include PivotDesk, Breather, LiquidSpace, Flexioffices. These, like Airbnb, and booking.com …


While PropTech 1.0 was mostly comprised of established companies going online, the second wave, like in many other sectors, is disrupting through the mechanisms and economics of startup creation. Both VC backed unicorns and bootstrapping underdogs are trying to win over parts of the huge real estate market. A growing amount of investments can be seen moving into the more than 2000 Startup strong market.

Read about the first PropTech wave here.

These startups all operated roughly in the commercial, residential or mortgage sectors. …


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Photo by chuttersnap on Unsplash

The third vertical of PropTech is Real Estate Fintech. Startups in this vertical enable faster and more convenient trading of real estate assets helping to lower the illiquidity of the notoriously solid asset class.

Read about the first two verticals here.

Out of all the transparency these technologies will bring, the strongest impact will be on the turnover rate. Vertical market-networks are the next generation service marketplaces that will not only provide a platform for matching supply and demand but also industry-specific workflows for facilitating long term business collaboration.

The global real estate market makes up more than half the value of all mainstream assets in the…


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The sharing economy in Real Estate is galvanized by the slow merger of the second and third space. People don’t work in the office that much anymore. Sharing Economy, of course, is not only affecting the Real Estate but also the transportation and labor markets.

Access to the Internet and the consequent communication tools, the loss of jobs and assets after the financial crisis of 2008, popularization of entrepreneurship and the fallout of political stability has shaped the minds of the Millenials which carries itself across all verticals. It helped to create some of the largest unicorns of the century (e.g …


Smart Real Estate vertical stands on the premise of the following expectations. Both users and investors expect that buildings will operate cost-efficiently and are highly functional at the same time. If operational costs are lower, then occupants will experience more competitive fees that result in better returns to investors.

Until recently, the energy bill was the concern of the tenant and was not included in the original lease agreement. While sustainability and energy efficiency has been the concern of the public, it never really bothered the property owners.

That was until now. As we see utility bills and rent being bundled together and the owner charging an energy-inclusive rent, the need to deliver an energy-efficient building is becoming more relevant. …


Real Estate is the largest asset class and one of the last to adopt technological change. Despite its limits, the size and lack of adoption to tech present a great opportunity for entrepreneurs.

The potential of tech in the Real Estate market started to realize first in the 1980s with the invent of the Personal Computer. That was the start of the first PropTech wave. Today we are experiencing the second wave and the third can be seen just behind the corner.

Let us examine how these waves are defined, what can we learn from them and what they can tell us about the future of PropTech. …

About

Kaspar Triebstok

I develop products in proptech.

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