Blockchain: Is it hype?  83

borrowing. It also allows investors to buy a fraction of the property as

an investment asset. The platform also offers customised insurance as

an extra safety measure.

⚬

⚬Website: https://smartre.io

⚬

⚬Technology used: Undisclosed

• Propy: Propy provides a platform and software to automate the

closing process for all participants of the real asset transactions. It

makes transaction closing faster, simple and more secure. Propy’s

aims are to provide products like Propy Registry to store land reg-

istry records securely and Propy smart contract to automate the

whole lifecycle of real estate transactions. The product will reduce

delays and bureaucracy as with the traditional real estate legacy

process and system.

⚬

⚬Website: https://propy.com/browse/

⚬

⚬Technology used: Ethereum

• Myne properties: Myne provides a blockchain-based platform to enable

buying and selling of residential real estate from your smartphone

or other digital channels. The niche feature of the platform is that it

enables anyone to buy and sell high-end homes by the square foot.

⚬

⚬Technology used: Undisclosed

Education

Education is a core part of the society and economy. Blockchain can disrupt

the education market by providing a secure, trusted and verifiable golden

source of record globally. The technology can be harnessed to offer the

following use cases. There are multiple POCs in progress to offer value-

addition services for education. The term used for technology revolution

within the education sector is called EDTech.

Use cases

• Certification of student records and accreditation: Provide a trusted

source of education records globally

• Reduction in education fraud: Provide an immutable and trusted

record of education history for an individual that can be used as

a golden source by employers, universities and others to verify the

authenticity of accreditations.

For instance, Singapore has launched a platform called OpenCerts

to enable the issuance and validation of academic certificates that are

tamper-resistant.

⚬

⚬Website:

https://www.smartnation.gov.sg/initiatives/digital-

government-services/opencerts

https://www.opencerts.io

⚬

⚬Technology used: Various