Australian proptech Propify will launch its blockchain-backed, non-portal-based property finder in April. There can however, be potential dangers. The company publishes property listings on various social media platforms and aims to marry the broad audience of social media with the real estate portal sector, simplifying searching for property while also offering the security of blockchain. Currently in phase three of development, Propify's project will also use tokens and coins as a means to raise capital and invest in property. Blockchain is an open ledger that records transactions between parties without relying on any central authority.
Australian proptech Propify will launch its blockchain-backed, non-portal-based property finder in April. The company publishes property listings on various social media platforms and aims to marry the broad audience of social media with the real estate portal sector, simplifying searching for property while also offering the security of blockchain. Currently in phase three of development, Propify's project will also use tokens and coins as a means to raise capital and invest in property. Blockchain is an open ledger that records transactions between parties without relying on any central authority.