What problem does this service solve?

BitRent will allow large real estate developments to be funded by smaller investors, and not only by large banks and investment funds.Ubitquity is creating a blockchain platform to record real estate transactions. They aim to introduce greater immutabiity and transparency to real estate markets.

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Company Description

BitRent is developing a blockchain-based platform for real estate development projects. Their smart contract enabled network will allow users to invest in real estate construction projects and monitor their progress with a platform that will be integrated with RFID chips.
BitRent hopes to provide an alternative funding mechanism for commercial and residential real estate construction. The network will be powered by the RNTB token.

Ubitquity is developing a blockchain-based system for real estate deeds. Users will be able to securely record, track, and transfer real estate deeds. They offer a BaaS (Blockchain-as-a-Service) platform specifically designed for real estate and the financial institutions that work closely with it. Ubitquity's goal is to leverage the benefits of blockchain to assist financial institutions with increased transparency, reduced human error, and faster search times when dealing with real estate transaction issues.

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