PropertyMatters
Property title secured by Blockchain
Inspiration
Property title document forgery, resulting in the owner going through a lot of stress.
Transferring property in the Czech Republic and many other countries takes a long time.
Property fraud costs a lot & property transfer times are long.
People want their property secured & they want to transfer quickly.
What it does
Our solution uses smart contracts on a blockchain. Goal is to reduce fraud, reduce transfer times & reduce work for the Cadastral Office.
How we built it
We built a smart contract with Solidity and then worked towards connecting that to a UI, as well as working on a sustainable business model.
Challenges we ran into
Connecting JS UI with Ethereum test network. Model still requires trusthed authority for approving property transfer.
Accomplishments that we're proud of
Learning how to code a smart contract including learning online and from mentors.
What we learned
SmartContracts, Solidity, Remix, Truffle Suite, Ganache,...
What's next for PropertyMatters
Presenting and working on finer details and improving UI as well as interviewing relevant parties - including the related authorities - to seek feedback and provide trust in our platform.