SAN JOSE, Calif., April 3, 2018 /PRNewswire/ -- Recently, i-house.com (IHT), the first global real estate blockchain transaction cloud platform, has developed strategic cooperative partnership with the project holder of Japan Karuizawa Bafeng Lake Happiness Hillock Resort. IHT is assisting the project in shortening its earlier stage preparation period and improving efficiency through their blockchain technology. It is a milestone of practical application of blockchain technology in the tourism real estate industry.
"Our cooperation creates a new business model. We connect the asset end and the financial institution end by using blockchain smart contract and distributed ledger technology; we better solve the trust issue with the advantages of blockchain including transparency, decentration, shareability and tamper resistance. IHT would not only manage the assets operation with blockchain technology, but also introduce big data and artificial intelligence to improve the operation efficiency and user experience," said Ricky Ng, the founder and president of i-house.com & IHT.
"In addition, we can record and manage multifarious routine data business easily through this technology. It ensures that every message is transparent and traceable, saves cost and improves the overall operational efficiency. Management mode with blockchain and artificial intelligence is what we are expecting to introduce, and the project is estimated to be completed and to begin operation by the end of 2020," said Winnie, the project leader.
Previously, IHT had developed a cooperative partnership with Cherry Blossom Real Estate Joint-stock Company, an associated company specializing in Japanese real estate investment of Eprint. Users can use IHTPay (a project payment instrument based on i-house.com) in many stores for the transaction of Japanese real estates. The application in practical use indicates that the project team is actively distributing the Japanese real estate market.
IHT has recieved joint investment from many famous overseas investment organizations including DraperDragon, a well-known fund in the blockchain field. This project sufficiently reveals the speed and executive force of IHT in the real estate blockchain industry.
With the trend of global real estate resources gradually joining in the blockchain, i-house.com (IHT) is establishing the third generation real estate sharing platform with blockchain technology, creating more intelligentized assets, benefiting more traditional real estate industries and users with blockchain technology and platforms, and bringing greater value to the market.
