After the First US Transaction, Propy Announces an Open Source Developer Program

[Goodcat49]

California-based blockchain startup Propy, is bringing the commercial use of blockchain technology to the US. After facilitating the first US Blockchain-based real estate deed in Vermont, Propy announced a new open source Developer Program.

The idea behind Propy: it allows anyone to buy or sell real estate, anywhere, online. Propy provides an efficient crypto and fiat payment and an immutable record on the blockchain, ensuring that title deeds and property rights will be there forever.

In March 2018, the San Francisco based firm completed its very first government-sanctioned use of blockchain for a public service in the US. That is, in fact, their second global achievement, after the first ever purchase of property using blockchain in Kiev, Ukraine, back in September 2017.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/propy-announces-open-source-developer-program/

[Goodcat49]

Propy Unveils Product Roadmap Update

Propy, the global real estate marketplace with a decentralized title registry, continues to revolutionize the real estate industry. Shortly after being listed on two of the top exchanges, Bittrex and Upbit, the company released a new technology-focused roadmap for 2018.

Propy was founded in 2016 by CEO Natalia Karayaneva, a real estate developer with a background In software engineering, After a successful token sale, the blockchain start-up completed the first transaction on their smart contracts, in October 2017. Since then, Propy has delivered new app releases and deployed blockchain registry pilots in Ukraine, Vermont, USA and a first historical deal in California is expected soon.

The project is being developed by a team of researchers and engineers from Apple, Facebook, Linkedin, and Intuit, along with Silicon Valley realtors. In a recent blog post Propy details the 2018 roadmap and how it plans to solve some of the main challenges in the international real estate.

Alex Voloshyn, CTO of Propy, envisions a thriving year for Propy: ”We have ambitious goals for 2018 and the engineering team is excited to work on the groundbreaking technologies for the Transaction Platform and Propy Registry. In particular, partially-private consortium blockchain with automatic anchoring to the public Ethereum, integration of our IPFS fork for documents storage, and the on-chain privacy solution. These goals are aggressive, but we have out-performed our deadlines in the past and we will work tirelessly to do it again!"
Propy Roadmap
To develop the platform into an efficient one-stop real estate shop, Propy will integrate a crypto and fiat currency exchange. Furthermore, a Blockchain-based explorer will allow to monitor the public ledger data, and verify transactions.

Propy invites the community to contribute to the future decisions and share their ideas by joining the Telegram channel: https://t.me/propy.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/propy-unveils-product-roadmap-update/

[Goodcat49]

This California Property Was Sold On Blockchain Without Using Banks

PALO ALTO, California - Propy, the global real estate store with a decentralized title registry, announced the successful execution of a historic real estate deal on the Blockchain in the State of California. With Propy’s Transaction Platform, every step of the deal was executed via Ethereum smart contracts, making this the first comprehensive blockchain-recorded property deal in the state of California and only the second in the world.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/this-california-property-was-sold-on-blockchain-without-using-banks/