The problem Real Estate using XDC solves

Property Ownership and Title Management- One of the most significant challenges in real estate has been the cumbersome process of property ownership and title management. With blockchain, the process becomes digitized, eliminating the need for paper-based records and reducing the risk of fraud and errors. Each property's information, including ownership history, liens, and encumbrances, is stored securely on the blockchain, providing a transparent and immutable ledger accessible to all authorized parties.
Tokenization of Real Estate Assets- Blockchain enables the tokenization of real estate assets, breaking down properties into digital tokens that represent fractional ownership. This innovation opens up new investment opportunities, allowing individuals to invest in high-value properties with smaller amounts of capital. Tokenization also enhances liquidity in the real estate market, as tokens can be traded on secondary markets, providing investors with flexibility and diversification.
Enhanced Security and Privacy- Blockchain's decentralized nature enhances security and privacy in real estate transactions. The use of cryptographic techniques ensures that sensitive information, such as personal data and financial records, is encrypted and protected from unauthorized access. Additionally, the transparency of the blockchain ledger reduces the risk of fraudulent activities, as every transaction is recorded and visible to all network participants.

Challenges we ran into

Blockchain networks face scalability limitations, especially when handling a large volume of real estate transactions and data.
Real estate transactions involve sensitive data such as personal information, financial records, and property details. Ensuring data privacy and security on the blockchain is crucial.
We found difficulty in integrating XDC in the project and hosting the project.