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Summary of Landbox
- Landbox is a blockchain real estate project combining “prop-tech” with real estate development.
- First service product: “AuctionOK”, an online real estate auction service based on blockchain.
- AuctionOK aims to solve inconveniences of offline real estate auction systems.
- Patent application filed for online, non-face-to-face real estate auction service using blockchain.
- Online auctions lower entry barriers for customers, expanding the field.
- No specific numbers or figures mentioned in the text.
- No case studies, anecdotes, or examples mentioned in the text.
About Landbox: Unlocking the Future of Digital Real Estate
Landbox is a pioneering blockchain real estate project founded upon a rich tapestry of professional experiences in the existing real estate development and education industries. By harnessing the power of “prop-tech” – a cutting-edge solution that converges blockchain technology with real estate development – business growth can be exponentially expanded. The inaugural service product offered is “AuctionOK”, a trailblazing online real estate auction service built upon blockchain. This innovative product is designed to alleviate the myriad inefficiencies inherent in traditional offline-based real estate auction systems. A patent application has been submitted to provide a secure, online, and non-face-to-face real estate auction service leveraging blockchain. By facilitating online real estate auctions, the entry barrier for customers is significantly lowered, thereby contributing to the proliferation of this burgeoning field.