Blockchain #buidls Building Blocks for the Real Estate Industry

The third CV competition is focused on the Real Estate industry. Real Estate doesn’t sound like a widespread field, but the business models form the startups represented in the top ten are as diverse as it can get — and these are only the crème de la crème of the startups which entered the competition.

The CV Competition focuses each year on a different industry to highlight the wide variety of business models that can be disrupted through the distributed ledger technology. And this year the competition entries for the Real Estate CV Competition proof how disruptive blockchain is even for a industry which is yet hardly digitized.

Pavel Javkovlev, Lead CV Competition, mentions in his article about the contestants: “Some seek to solve real life problems for the industry, others make push you to rethink our approach to (smart) buildings.”, read the whole piece here.

But now let’s shine a light on the top ten contestants and give a brief overview of their value propositions. First let’s talk about the company which was making an impact on the national and international blockchain scene, as it conducted the first Blockchain based real estate transaction in Switzerland. Blockimmo is creating a marketplace for real estate tokenization, making it possible for every budget to invest in value real estate.

Not only the marketplaces for real estate is in need to be disrupted, but also real estate is still a heavily paper-based industry and leaving margins for errors and fraud. Blocknify provides a solution for this issue and is making it impossible to modify or delete a signature or document.

Blocksquare, is tackling the problem of building real estate shares and is making it easier to convert real estate into blockchain based shares and is giving access globally to investments in building of any size and type.

This rises the question of who is holding the digital share? In case of Dezentrum: nobody! With self-executing smart contracts, a self-governing house is only the next plausible step.

Real Estate is producing heaps of data and in various life cycle states of the building different stakeholders need to access and use this date — to handle the data is a nightmare, ehab is a data management and process automation tool to lower coast and risk, through automation.

Transactions in the real estate industry are to this date time-consuming and tedious. Fetch Blockchain comes to the rescue and built a blockchain and AI driven real estate technology called Sesamee to revolutionize real estate transactions.

Trust is a bug issue in real estate, as land titles bear long histories and documents can get lost. OrigoChain is building trust through implementing land titles and deeds on a blockchain to build tamper-proof property records.

Not only land titles, but also land and mortgages registries need to be able to trace. Seso Global is build a for this.

The costs for real estate investments are insanely high at the moment, to make real estate investment accessible to everyone, Tokenestate is decreasing the costs and is making real estate investments easier and faster.

Properties need to be managed by landlords and facility managers, to decrease the time and hurdle to issue a complaint, Whizzl is creating a social platform to empower the communities.

The top ten will pitch in front of live audience and jury at the CV Labs open house on Tuesday 26th March and the winner will be selected at the CV Summit Buidl towards Crypto Spring on Wednesday 27th March at the Theater Casino in Zug. Get your last minute ticket here.