Secured Transaction

Payment is the most crucial step in the real estate business. It involves fraud and a lot of risks. Inculcating technology in this process not only eases the transaction but also authenticates it. The proptech startups use blockchain technology. This technology offers a digital database that holds account of every step of payment throughout the entire cycle of the transaction. This process assures a flawless and secured transaction by eliminating fraud activities. By recording every transaction, it further brings in transparency in the transaction. In addition to all the benefits, it also minimizes the transaction time, making the system even more efficient.