Post
Topic
Board Announcements (Altcoins)
Re: [ANN] PROPY - Global Property Store with Decentralized Title Registry
by
Propyico
on 12/08/2017, 13:02:28 UTC
So what with parthnerships or arrangements? Can anyone tell me?


Propy team plans to have agreements with multiple Land Registries/Recording offices to use blockchain hashes for each ongoing transaction. The Propy's smart contracts developed are compatible with US legislation, while our DApp is to enable buyers from China, Canada, the Middle East, Latin America and more to legally validate real estate transactions. Propy is currently working with lobbyists in California and Vermont to accelerate the acceptance of Propy Registry as a legally valid source of trust in the US. Additionally, Propy is working with governments of several emerging countries (Middle East, Central America, and Eastern Europe), where the transition to new systems is more straightforward due to the lack of regulatory complexity. Also, we are continuously negotiating with international governments to achieve our long-term objectives of establishing a fully decentralized P2P platform on the Propy Registry. We are currently discussing agreements with Dubai, as part of the common mission to bring city properties into the Blockchain for more efficient transactions. By 2020 Dubai is planning to bring the entire city’s business activities on the Blockchain. In addition, we are almost ready to announce some other updates on the subject of other agreements and we'll make it soon, so please stay tuned! 


Also answering your other question regarding team itself - Propy as a project is located in US, California. The team is international, it comprises specialists from different countries. You will find this info at Propy's official website.