Propy

About

Propy is a pioneering company in the real estate sector, leveraging blockchain technology to enhance the security and transparency of property transactions. Founded in 2015, Propy aims to modernize traditional real estate processes by utilizing smart contracts and decentralized systems. This approach automates transactions, reducing the need for intermediaries and increasing efficiency. Propy's platform includes a decentralized title registry, allowing property titles to be recorded securely on the blockchain, which ensures accurate and accessible records for authorized parties. Propy's ecosystem supports cross-border transactions, facilitating global real estate investment by enabling buyers and sellers to interact directly. The company also integrates NFTs to represent property ownership, as seen in landmark transactions like the first NFT-based property sale in the U.S. Propy's native token, PRO, is central to its operations, used for transaction fees, accessing services, and governance. The company has completed numerous blockchain-based transactions, showcasing its potential to transform the real estate industry through innovative technology and legal compliance.