hendrawd / SmartREDS

Smart Real Estate Data System

SmartREDS

Smart Real Estate Data System

Click image below for final submission video

PROJECT SUMMARY

• Simple Contract Recording
• User Friendly
• Safe system
• Validated Transaction
• Automatically linked to related Government Ministries

REGULAR PROBLEM SETS

• Too many papers for requirements and validation
• Manual or semi digital validation / process
• It takes plenty of time to get the certificate of ownership issued by The National Land Agency
• Not automated register
• The legal contract still needs to be printed, risk to be damaged or lost.

OUR SOLUTIONS

• Smart Legal Contract

• Simple recording and payment validation

• Updated registry status

• Automatically linked

  Future Development:

• Cryptocurrency as transaction payment

• Blockchain based database

For more information about this project, follow this link to download the presentation file.