Blockchain Real Estate Startup, HousAfrica Secures $400,000 Financing

It is reported that the blockchain real estate technology startup HousAfrica has announced the completion of a $400000 financing. Its supporters include Future Africa, SSE Angel Network (SSEAN), ARM Labs, CV VC, Startupbootcamp Africa, Niche Capital, Rebel Seed Capital, and others. HouseAfrica provides real estate digitization and transparency tools for real estate developers and their clients. The company’s flagship product, Sytemap, uses proprietary blockchain and map technology to create private land registrations and digitize site maps for real estate projects. The new funds will be used to deepen technology development and expand adoption rates and team size. （techeconomy）

Blockchain real estate technology startup HousAfrica completed a $400000 financing

Introduction

HousAfrica, a blockchain real estate startup, has recently announced the completion of a $400,000 financing round. The startup has been backed up by various supporters such as Future Africa, SSE Angel Network (SSEAN), ARM Labs, CV VC, Startupbootcamp Africa, Niche Capital, Rebel Seed Capital, and others.

What is HousAfrica?

HouseAfrica is a tech startup that provides real estate digitization and transparency tools for real estate developers and clients. The company’s flagship product, Systemap, uses proprietary blockchain and map technology to create private land registrations and digitize site maps for real estate projects. With the help of HousAfrica’s services, real estate developers and clients can rest assured that everything is transparent, and their projects are protected.

The News of New Investment

The new funds obtained by the company will be utilized to deepen technology development, expand adoption rates, and increase the size of their team. Moreover, it will help the company to offer more valuable services to their clients.

The Impact of Blockchain on Real Estate

Blockchain is slowly but steadily penetrating into the real estate sector. With a blockchain database, it becomes much easier for consumers to track each transaction, ensuring that the property is clear of any liens, litigation or other encumbrances. Additionally, blockchain can help manage ownership issues by providing an immutable record of ownership data.

Systemap- An All-In-One Solution

The real estate market in Africa is growing at a quick pace, and it’s challenging to keep track of data with traditional methods. HousAfrica’s Systemap solves this issue by providing an all-in-one solution to digitize site maps, manage cadastral registries, and issue digital property certificates in real-time. The tool is ideal for governments, lenders, insurers, investors, surveyors, and developers as they all can access and retrieve trustworthy data in real-time.

Future Prospects for HousAfrica

With the new investment funding, HousAfrica is well-positioned to expand its services and increase its customer base. Furthermore, the startup’s focus on digitizing the real estate industry will play a pivotal role in bringing transparency and trust to the sector.

Conclusion

HousAfrica’s Systemap is an excellent tool for real estate developers and clients alike. It offers transparency, accuracy and protects all parties involved in a real estate project. With the completion of a successful financing round, HousAfrica is well on its way to enhancing its technology development and expanding its services in the African region.

FAQs

1. How does blockchain technology provide transparency to real estate?
Blockchain technology provides transparency to real estate by providing a decentralized and immutable record of all transactions that occur on the network.
2. What is Systemap, and how does it help real estate developers?
Systemap is an all-in-one solution that helps real estate developers digitize site maps and manage cadastral registries to issue digital property certificates in real-time.
3. How will the recent funding help HousAfrica?
The recent funding secured by HousAfrica will help the company to deepen technology development, expand adoption rates, and increase its team size to offer better services to its clients.
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