13 chromaway or perelman future of house sales

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Presentation from blockchain-real.net // blockchain-real.at (9th of March 2018, Graz, Austria) Copyright/Property of: Or Perelman // Chromaway (Israel) COO und Co-founder at ChromaWay, verwirklichte eine der bemerkenswertesten Immobilien Projekte auf der Blockchain Title: Future house sales - using blockchain to sell houses in Sweden. Selected as 2018 world's top-10 real estate startups by Forbes! The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113 About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.

Copyright
(c)
2018
ChromaWay Inc.
All
rights
reserved
Consortium Database Solutions
for Real Estate
March 9, 2018

Agenda
1. ChromaWay Background & Experience
2. Our Platform
3. Use Cases
• Land Registration
• Commercial Real Estate
• Mortgage Lending
2

Company Overview
3
Esplix Release (2016)
Henrik
Hjelte/CEO
Alex
Mizrahi/CTO
Or
Perelman/COO

ChromaWay Firsts
In
2012,
founding
team
of

ChromaWay creates
the
first

system
to
create
tokens,
and

transfer
financial
assets
via

blockchain called
original

colored
coins
In
2014,
ChromaWay issues

the
first
bank-‐backed
asset

on
the
Bitcoin
Blockchain
using
coloredcoins together

with
LHV
Bank
In
2016,
ChromaWay

completes
the
first

blockchain
project
with
a

national
government

(Sweden)

An Enterprise-Friendly Blockchain Solution
Enables enterprises and their
partners to realize the advantages
of blockchain within their
own people, process, and
technical environment.
6
(100x Public Blockchains)

Postchain:
Our Consortium Blockchain Solution
7
◎ GNU General Public License
◎ Proof-of-Authority, minimum four nodes
◎ Deep SQL database integration
◎ Blockchain stored in database
◎ Encrypted in transit
◎ Flexible Tokens comes with JS client library

Sample ChromaWay Projects
Technologies are being used and developed with multiple customers.
8

Mortgage/CRE Services Target Use Cases
9

Focus of Change for Blockchain for
Land Registration Systems
Reduce
Cost

&
Simplify/Secure
Processes Generate
Revenue
&
Facilitate
Land
Market
Growth
Re-‐Platform
to
Support
Tech/Bus
Objectives

Swedish Land Registry
§ The Land register consists of title, site
leasehold grant, site leasehold right,
encumbrances such as mortgages and rights
of use, official notifications and history.
§ Partners included Land Registry, Telia, SBAB
Bank, Landshypotek Bank
§ Technology Esplix (Smart Contract) and
Postchain (Consortium Database)
§ Focus on establishing an industry utility of
eConveyancing using smart contracts/secured
workflow
12

Parties to the Transaction Are Invited to
Perform Tasks
13

Immutable, Auditable Record of the
Process in the Blockchain
Process Steps Confirmed
14

Participants Can Initiate, Approve, and Monitor
Contracts using their Phone
15

Andha Pradesh (India)
16
§ In AP, as elsewhere in India, there is no
system of conclusive titles. Records are
issued on a presumptive basis.
§ Partners included AP Land Registry,
Government, and KPMG
§ Technology Postchain (Consortium
Database)
§ Focus on creating new back-end
infrastructure using blockchain
§ Initial phases focused on modeling the
processes and building baseline product

Use Case:
Smart Commercial Lease Contracts

Use Case:
Bank Guarantees on the Ledger
19

Use Case :
Tokenization of Real Estate Investments
20

Mortgage Lending Today:
Complex Processes/Paper Intensive
22

Cost and Time to Process a Mortgage Continues to Rise
23

Use Case
Mortgage Lending – Data Provenance
24

Or Perelman – COO
or.perleman@chromaway.com
Twitter: @perelmanor
Headquarters:
ChromaWay AB
Vasagatan 16
S-‐111
20
Stockholm
Sweden
Phone: +46
(0)8
506
363
38
Email: info@chromaway.com
Tel
Aviv
Office
ChromaWay
Yigal Allon 116
Tel
Aviv
Israel
Phone:
+97254648013
Email: info@chromaway.com

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