AI Empowered On-Chain Real Estate: How Propy Builds an Efficient Intermediary-Free Model?

The tokenization of real-world assets (RWA) has become one of the fastest-growing areas in the crypto market. Data shows that as of March 10, the on-chain asset value of RWA reached $17.925 billion, a 95.64% increase compared to the same period last year. Amid this trend, the combination of artificial intelligence and RWA is bringing new possibilities to the crypto world.

Propy is a blockchain-based real estate RWA project that effectively increases profit margins to 40% by adopting AI technology, enabling round-the-clock online property trading operations, providing users with high efficiency, transparency, and security.

Propy supports the on-chain of real estate assets, smart contracts, and property tokenization, and is committed to addressing the pain points of excessive intermediaries, slow processes, and potential fraud in the traditional real estate industry. Its core products include a real estate trading platform, ownership and custodial services, as well as PropyKeys based on the Ethereum Layer 2 network Base. PropyKeys has currently surpassed 300,000 minted addresses worldwide.

Propy uses AI technology to optimize the real estate transaction process. For example, its AI system can automatically read purchase agreements, generate transaction trackers for users, and initiate the settlement process. It can also intelligently add deadlines for various stages of the transaction, guiding relevant parties on time nodes such as paying deposits and completing loan approvals, significantly improving transaction efficiency.

As a leader in the real estate RWA sector, Propy continues to drive the implementation of innovative concepts. In January of this year, the platform launched a new loan product that supports the purchase of Hawaiian condos with collateralized crypto assets. On February 2, Propy announced the successful sale of this Hawaiian property, completing the transaction through the first Bitcoin-backed loan. In October of last year, Propy also launched a cryptocurrency third-party custody service based on a certain trading platform, further supporting the on-chain of real estate assets and facilitating fast, efficient, and secure transactions.

From a broader perspective, the combination of AI and RWA is becoming a new engine in the crypto market. This combination can involve multiple aspects, including AI-driven asset valuation, risk management and predictive analysis, smart contract automation, liquidity optimization, security and fraud detection, personalized investor experiences, as well as compliance and regulatory monitoring.

There have been some AI+RWA application cases emerging in the market. For example, after obtaining a large asset allocation, a financial institution began exploring AI-driven yield optimization to improve the return rate of its tokenized government bonds. AI is also used to enhance the valuation accuracy of RWA assets by leveraging large datasets. Moreover, the trend of RWA tokenization specific to the industry is becoming increasingly evident, such as the tokenization of agricultural products on a certain public chain.

The changes in the macro regulatory environment are expected to further promote the deep integration of AI and RWA. In the United States, the government supports the development of digital assets and invests heavily in AI research and infrastructure construction. In Asia, the development of artificial intelligence has also reignited enthusiasm in the tech market.

With the rapid growth of the value of RWA on-chain assets and the deep integration of AI+RWA technology, the real estate sector is becoming an area worth paying attention to. Propy, as a pioneer in this field, has demonstrated the enormous potential of this sector by utilizing AI to optimize transaction processes and improve efficiency. In the future, the combination of AI and blockchain may further accelerate the digital transformation of the real estate market, providing global investors with a more transparent, efficient, and secure trading experience.