📡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.

Last updated