KuCoin, a global cryptocurrency exchange, has announced its plans to list Propy (PRO) on June 3rd. Propy is an innovative decentralized marketplace for real estate, leveraging advanced blockchain technology to streamline property transactions while minimizing fraud.
Propy’s main goal is to revolutionize the real estate industry by making the process of buying, selling, and registering property more secure, transparent, and digital. It is particularly beneficial in the international real estate market where legal and administrative barriers can complicate foreign property purchases.
By utilizing blockchain technology, Propy creates a decentralized real estate registry that allows all transaction participants to view and verify property ownership. Its platform, encompassing all stages of a deal from offer to closure, integrates with the blockchain registry to record ownership changes.
Blockchain technology ensures that Propy provides a high degree of security and resilience since all transactions and property registrations are logged on a secure and unchangeable blockchain.
The PRO token, Propy’s native token, is used to cover transaction fees on the platform and encourage active participation in its ecosystem. This makes Propy the pioneer in creating the first international real-estate marketplace powered by blockchain.
