shedasolutions
  • Welcome to sheda solutions brochure
  • Basics
    • Executive summary
    • Introduction
    • The vision of peer-to-peer real estate
    • Technical implimentation with blockchain
    • Dispute resolution
    • Detailed products features
  • Our Roadmap
  • Revenue model and financial projections
  • Conclusion
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Technical implimentation with blockchain

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Last updated 1 month ago

Blockchain of choice – Near protocol

Why NEAR Protocol:

  • Scalability: NEAR's sharding technology supports high transaction volumes, essential for a real estate platform where transactions vary widely in size and frequency.

  • Ease of Use: NEAR offers a developer-friendly environment, allowing for quick integration of smart contract functionalities into our platform.

  • Cost Efficiency: Lower gas fees compared to other platforms, making small real estate transactions viable.

Functionality Overview:

  • Smart Contract Execution: Each transaction, from listing to final sale or rental agreement, is managed by smart contracts. These contracts hold funds until all conditions are met, ensuring fair play for both parties.

  • Decentralized Identity: Ensures verifiable participants, reducing fraud.

  • Time-bound Leases: Similar to NFTs, leases have expiration dates built into smart contracts, automatically ending or renewing based on pre-agreed terms.