📡Technical Components
The First Decentralized Real Estate Marketplace
Smart Contracts: OneSquare uses Ethereum smart contracts to automate and execute real estate transactions, enforce agreements, and manage funds securely.
Tokenization: Real estate assets are tokenized on the blockchain, allowing fractional ownership and easier transfer of property rights.
Oracles: Oracles are used to bring real-world data (such as property prices, ownership records) onto the blockchain to ensure the accuracy of transactions and asset information.
Decentralized Storage: OneSquare employs decentralized storage solutions (such as IPFS) to store documents and information related to real estate transactions securely and redundantly.
Interoperability: OneSquare aims to be interoperable with other blockchain platforms and protocols, enhancing its usability and adoption in the broader real estate ecosystem.
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