Purplex.io and Madesal launch blockchain-enabled proptech platform

November 3, 2019

Madesal real estate company and Purplex recently launched a platform that allows customers to know the process of buying a home, using blockchain technology

According to the Chilean publication, Diario Concepción, the platform explains the process of buying a home to users, from the signing of the promise of sale to the delivery of their property. "The system makes the process more reliable and lowers operational costs," said the publication.

The Commercial Manager of the real estate firm, Felipe Alcérreca, remarked that the buyers of house and departments will be able to follow up the entire purchase process. But in addition, all parts of the business can also view the documentation and review the progress of the purchase in the districts of Concepción, Santa Juana and Penco.

Cristóbal Pereira, CEO and Founder of Purplex, said that, when developing this transactional platform, they took into account that whoever acquires a home, to live or invest, needs reliability and needs to know where their documents are and at what stage the process is.

The platform is developed on blockchain technology. "It provides reliability, since there are many eyes or vigilance on each stage of the process," he said. Then he explained that the system is already available for those who buy through Madesal.

On the other hand, according to Diario Concepción, Cristóbal Pereira spoke of the path to achieve traceability in any process, also incorporating the possibility of acquiring a property regardless of whether it is paid with cryptocurrencies such as Bitcoin or Ethereum.

Purplex Technologies is presented as a company that seeks to efficiently, transparently and reduce costs for people and companies in the Construction and Real Estate sector in Latin America, implementing emerging and / or disruptive technologies, such as Blockchain, Machine Learning, Artificial Intelligence, IoT, among others.

It has a multidisciplinary team that has more than 15 years of experience in both areas (Real Estate and Technology), so they say they provide applications, value-added services and a clear vision for the incorporation of the industry into the so-called Fourth Revolution Industrial.

SOURCE Purplex
Edited by V. Haviland

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November 3, 2019
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

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