Real Estate Bidding Web Application

It is a web application where property buyers & owners both can connect on the same platform. Buyers come to the platform & they can search for properties based on the location. Buyers view the list of properties, and they can see the details of a property. All customer information will be stored in an encrypted blockchain when the customer will create a profile. Each property listed will have its unique ID and contract that grows within it when it gets placed for auction or used to sell.

Technology Used:

Blockchain
Ethereum
MONGODB
Nodejs
Reactjs
Redux

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Key challenges

The major challenge was that the Client wanted the web application to be available for other companies to integrate as trusted buyers/sellers bidding platforms.

Another challenge was the development of a smart contract program that acted similar to an escrow between buyers and sellers.

Since we were leveraging blockchain technology for this project, we had to ensure that the platform was free from hiccups and lag associated with contemporary blockchain applications.

Solution Implementation

The solution was to develop a Blockchain-based API which can be integrated by other companies.
The API is integrated as a Widget in the web application so users can access the same.

Results

We successfully developed a blockchain web application which resolved the problem of real estate owners & bidders. The app also fixed the issues of confidentiality & authenticity of properties & its users. The key features of this blockchain application were: