Real-Estate DApp

Real-Estate DApp

Revolutionizing Real Estate: Seamlessly Secure Your Future with Our Dapp. Buy, Sell and Rent Real-Estate properties from the comfort of your Home and pay with any Crypto or Fiat Currency.

The problem Real-Estate DApp solves

In Today's time buying a real estate is kind of a hectic as it includes lots of Paper work and Costs a lot of Time, and without the Government interefence this thing is not possible. We need to pay a lot of Tax as well. So, to solve all this problems we came up with our Real-Estate Dapp which will help you to buy you your Favourite Estate and of your Budget from the Comfort of Your Home. We solve the following problems that are faced by all:-
Transparency: Real estate transactions often lack transparency, leading to disputes and mistrust between parties. A dApp can provide transparent and immutable records of property ownership, transactions, and history, reducing fraud and increasing trust.
Access: Many people face barriers to entry in the real estate market, such as high transaction costs, lack of information, or limited access to financing. A dApp could lower these barriers by facilitating peer-to-peer transactions, fractional ownership, or access to alternative financing options like crowdfunding or tokenization.
Efficiency: Traditional real estate transactions involve numerous intermediaries, paperwork, and delays, leading to inefficiencies and high transaction costs. A dApp can streamline the process by automating tasks such as property listing, due diligence, contract execution, and payment processing, reducing time and costs for all parties involved.
Security: Real estate transactions are susceptible to fraud, hacking, and unauthorized access due to the centralized nature of traditional systems. A dApp built on blockchain technology can enhance security by encrypting data, decentralizing control, and ensuring tamper-proof records, thereby protecting sensitive information and preventing unauthorized alterations.
Globalization: The real estate market is increasingly globalized, with investors and buyers seeking opportunities across borders. However, cross-border transactions often face legal, regulatory, and currency exchange challenges.
We will solve this.

Challenges we ran into

There were Multiple challenges we ran into like:-
1.) First one was setting the FLOW BLOCKCHAIN Environment in our Local Device.(As per the documentation Flow Emulator/CLI setup is the most important task before we perform any actions on the chain.)
2.) The Second one was the Deployment of our Smart Contract on the FLOW Blockchain.(As the Flow Blockchain has his own Smart Contract Language named as CADENCE.)
3.) As the third one which is The Documentation Content of Flow is not Clear and it is very limited to some commands, Although it was well managed but they need to keep more track on the Doc specifically.(So, there were some commands which were not working but was still in the doc of FLOW Blockchain.)
4.) Integrations was the one of the Challengs we ran into. As the Smart Contract language is Cadence which is not well upgraded and has many version issues. With this we faced a lot of version and Integration issues while Integrating our Smart Contract with the Frontend Part.
There are many bugs in the download part of the Docs and we dont have the precise guidance and Info which is required for a beginner person. The community support is also little bit low, as we tried contacting them on Discord, but their response was almost near zero.
RPC URLs are not working many a time and there are many confusion as well while Integrating them. Their testnet tokens are also not available easily in the wallet required.
They has a very few Wallet collaborations with 2-3 wallets the max working, and these wallets are not that well managed and developed.
So, these were the Challenges we faced.

Tracks Applied (1)

Best Use of Flow

As we are the one who fits the best in USE OF FLOW TRACK because as per their requirements, All the Smart Contracts Shou...Read More

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