Leobit
Blockchain-Based Real Estate Platform
Custom web development that helped our customer achieve a 20% increase in revenue
ABOUT
the project
Client:
Location:
USA
|Texas
Company Size:
Industry:
Solution:
Services:
Technologies:
The platform presents new ways for properties to be listed, bought, sold, and managed. It replaces traditional, paper-heavy real estate processes with a secure, transparent, and automated system that uses blockchain technology and cloud infrastructure.
Building a blockchain-based real estate platform from the ground up was a unique challenge. We had to rethink traditional property transactions and design a system that ensures trust and also supports future scalability. By combining smart contracts, tokenization, and cloud services, we delivered a solution that modernizes real estate for both everyday users and institutional players.
Customer
Our customer is a full-service real estate agency that’s been on the market for over 60 years. In 2021, they closed over 20 million in sales. The company became one of the first industry leaders to understand the potential value of blockchain and its impact on the future of real estate.
Business Challenge
Despite technological progress, the real estate sector still heavily relies on paper-based documentation and third-party intermediaries. Property transfers often involve costly, slow procedures and a risk of fraud. The client needed a secure, user-friendly solution that could ensure data integrity, streamline transactions, and modernize the way real estate assets are registered and transferred.
Why Leobit
Leobit’s ability to lead end-to-end development was a key factor that made the client choose us. Additionally, Leobit’s proven track record in real estate software development gave the client the confidence that the product would meet both current operational needs and future market demands.
Project
in detail
Leobit’s development team built a full-featured real estate portal powered by blockchain and Microsoft Azure.
Smart contract automation
Leobit implemented customizable smart contracts that facilitate key real estate operations, including automatic escrow release upon mutual agreement between buyer and seller, rental payments and security deposits, and conditional property transfers tied to predefined triggers like inspections or legal approvals. By eliminating the need for legal intermediaries and reducing manual processing, the platform enables faster deal closures. It significantly lowers transaction costs and delivers a more seamless experience for all stakeholders involved.
Custom tokenization mechanism development
Leobit introduced a custom tokenization mechanism for high-value and unique properties. Thanks to using ERC-721 token standards, each property could be digitally represented on the blockchain as an NFT, which captures its identity and ownership history immutably.
For investors seeking partial ownership, properties could also be fractionalized using ERC-20 tokens. This makes it possible for multiple parties to co-own a single real estate asset. This feature created an entirely new investment model that enhances accessibility for global investors. It also increases liquidity by enabling share-based transactions and reinforces transparency through a tamper-proof ledger of ownership and income distribution.
We used Solidity to write smart contracts and deployed them on the Polygon blockchain to maintain fast transaction speeds and low operational costs. This architecture enabled secure, automated property management and investment processes.
DevOps and deployment
Leobit established a streamlined CI/CD pipeline using GitHub Actions to automate source control, testing, and Docker-based builds. This setup accelerated development workflows and reduced deployment risks.
The platform runs on Azure Kubernetes Service, which provides scalable container orchestration for back-end services and APIs. Azure Application Gateway with an integrated Web Application Firewall ensures secure traffic management and protects against web threats. To safeguard sensitive data, including blockchain keys and API credentials, the team used Azure Key Vault.
We handled operational monitoring and diagnostics through Azure Monitor and Log Analytics. This gave real-time visibility into system performance and helped us quickly resolve issues. Since security and compliance were our customer’s top priorities, we also implemented role-based access control via Azure Active Directory B2C. In addition to that, we also integrated KYC and AML procedures to verify the identities of investors and buyers to meet regulatory standards and build user trust.
Technology Solution
- Using Solidity to write smart contracts and deploy them on the Polygon blockchain.
- Google Maps integration to support.
- Using Blockchain to provide a tamper-proof history of ownership and income.
- Integrated support of smart contracts to automate escrow release upon buyer/seller agreement.
Value Delivered
- Our customer achieved a 20% increase in revenue and new clients thanks to improved service transparency and reduced transaction costs.
- Shifted from solely private clients to include corporate institutions.
- Lowered client costs by eliminating traditional third-party involvement.
- Decentralized architecture reassured users about data validity and transaction legitimacy.
