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Blockchain Real Estate Startup, HousAfrica, Secures $400000 Financing

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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 Ne

Blockchain Real Estate Startup, HousAfrica, Secures $400000 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 technology startup, has recently announced the successful completion of a $400000 financing round. Investors in the funding round include Future Africa, SSE Angel Network (SSEAN), ARM Labs, CV VC, Startupbootcamp Africa, Niche Capital, Rebel Seed Capital, and others. These funds will be used to deepen technology development, expand adoption rates, and increase the team size.

How HousAfrica Works

HousAfrica provides real estate digitization and transparency tools for real estate developers and their clients. The company’s flagship product, Systemap, utilizes proprietary blockchain and map technology to create private land registrations and digitize site maps for real estate projects.
Systemap is HousAfrica’s solution to the problem of land registry in Africa. Land registry is an issue in Africa since most land is undocumented, and it’s difficult to prove ownership. With Systemap, HousAfrica can help solve this issue by digitalizing land registry and providing a centralized database for such documentation.

Key Features of Systemap

Some of the key features of Systemap include:
1. Private land registry: a centralized platform for digitally documenting land ownership.
2. Digitized site mapping: automated generation of site maps for real estate projects.
3. Fair valuation: helps bridge the gap between buyers and sellers by providing fair valuations based on market data.

Benefits of HousAfrica

The benefits of using HousAfrica are numerous, some of which include:
1. Improved transparency: HousAfrica’s blockchain technology improves transparency by ensuring that all transactions are recorded in a decentralized database.
2. Secure data storage: HousAfrica provides secure data storage for all transactions, ensuring that data is never lost or tampered with.
3. Cost-effective: Using HousAfrica is a cost-effective way of managing and transacting real estate projects.

Conclusion

HousAfrica’s recent financing round bodes well for the company in the future. With a team focused on real estate digitization and transparency for African markets, HousAfrica is uniquely positioned to bring a much-needed solution in the continent to the challenge of land registry. Furthermore, this investment shows the belief investors have in this initiative and the technology backing it.

FAQs

What is HousAfrica?

HousAfrica is a blockchain real estate technology startup that provides real estate digitization and transparency tools for real estate developers and their clients.

What is Systemap?

Systemap is HousAfrica’s flagship product, which utilizes proprietary blockchain and map technology to create private land registrations and digitize site maps for real estate projects.

Who has invested in HousAfrica?

Investors in HousAfrica’s recent $400000 financing round include Future Africa, SSE Angel Network (SSEAN), ARM Labs, CV VC, Startupbootcamp Africa, Niche Capital, Rebel Seed Capital, and others.

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