An update from the Brickex Tech team
This article provides a brief update on the technological progress and development of the BrickEX platform.
Héctor Linares — BrickEX Lead Developer
The past few months have been consistently turbulent for the BrickEX development team.
This is especially based on our acknowledgement that Blockchain is both a new and complex technology, with a broad spectrum of different potential use cases and spheres of implementation.
Having said that, our objective is to be (and build) the first exchange platform for real estate assets that also accounts for third party providers. To be clear, this means that although several platforms exist that link real estate with Blockchain, our platform seeks to be the first that is fundamentally open for connecting with other third party property providers, including other Blockchain-based real estate platforms.
Achieving Proof of Concept
To achieve our planned development milestones and objectives, we recently needed to test what we have built so far in order to facilitate a first proof of concept. Specifically, we needed to test the principles of basic tokenization and asset trading within our exchange. Based on this, we have created our first product demonstration, which you can find here.
The past few months have been consistently turbulent for the BrickEX development team.
This is especially based on our acknowledgment that Blockchain is both a new and complex technology, with a broad spectrum of different potential use cases and spheres of implementation.
Having said that, our objective is to be (and build) the first exchange platform for real estate assets that also accounts for third party providers. To be clear, this means that although several platforms exist that link real estate with Blockchain, our platform seeks to be the first that is fundamentally open for connecting with other third party property providers, including other Blockchain-based real estate platforms.
Achieving Proof of Concept
To achieve our planned development milestones and objectives, we recently needed to test what we have built so far in order to facilitate a first proof of concept. Specifically, we needed to test the principles of basic tokenization and asset trading within our exchange. Based on this, we have created our first product demonstration, which you can find here.
As you can see in the video, the technology used, in conjunction with the product team behind it, has enabled a working proof of concept. Despite being at an early stage, we believe that this is a fundamental first step and promising result within the grand trajectory of the BrickEX vision.
A look under the hood
If you’re interested in the tech stack used at this point in our development roadmap, our architecture has so far been made up of: React.js, Symfony/PHP, RabbitMQ, C++, and Solidity.
With this relatively simple but secure architectural framework, my team and I are happy to have achieved the completion of proof of concept, thereby illustrating the potential for BrickEX’s vision to become a solid reality.
Our current endeavours
I believe that once a working proof of concept is in place, the next step is to look forward and develop an MVP (minimum viable product).
In our case, the developing of an MVP firstly consists of leveraging our partnership with the first crypt-exchange for fine art, Maecenas. Their exchange platform is market-validated, technologically-sound, and currently in use by art and crypto enthusiasts around the world.
Through our partnership, we have access to some modules of their platform engine. Integrating their modules into our own platform engine enables us to boost our overall development process, whilst saving lots of time on testing and debugging. With this in mind, we have recently redesigned the engine used for proof of concept, and have begun a new development process from scratch, whereby we incorporate both the lessons learned from the initial development, as well as the new modules provided by the Maecenas tech team.
A glimpse into the future
We’re happy to announce that our MVP is near completion, and that our team is working on several exciting features.
For the upcoming development phase, we are using a variety of different technologies, including Vue.js, .NET, C#, Symfony/PHP, as well as several cool Amazon tools.
In addition to the exchange, we are working on the tokenization and listing of properties, making it easier for both users and third party providers to use the platform.
Here are some screenshots of the current Alpha version:
The current status of the MVP is somewhere between 60–70% complete, and we are hoping to have a fully working MVP platform in early October.
Expect another BrickEX tech update soon!
Until next time,
Héctor Linares.
