Case Studies
Meet ViitorCloud at GITEX GLOBAL 2024, Dubai | 14th-18th October 2024 | Dubai World Trade Centre
Overview
Klaviss is a real estate transaction platform that uses AI and blockchain to automate the coordination of transactions between agents, buyers, and sellers. This reduces the time and cost of transactions while increasing transparency and security.
The platform was built by a team of experienced developers and architects who wanted to revolutionize the US real estate industry and disrupt traditional transaction processes
Objective
To revolutionize the US real estate industry by providing a blockchain-powered transaction platform that automates the coordination of transactions between multiple parties, reduces the time taken to execute transactions, and offers transparency, immutability, and traceability to real estate transactions.
The objective is to provide complete insight and control over all transactions on the platform, make the transactions paperless, and enhance benefits such as reducing time, costs, and errors.
Exhibit
The real estate industry in the US is highly complex and involves several parties, including agents, buyers, and sellers.
The transaction process is time-consuming and tedious, with multiple documents and contracts involved.
Klaviss has already disrupted traditional transaction processes, reducing the time taken to execute transactions and automating the coordination of transactions between multiple parties.
Automated Document Processing
Computer vision technology and Optical Character Recognition (OCR) extracts information from uploaded documents, such as contracts and agreements, and automates the transaction process reducing manual data entry, streamlines document processing, and minimizes the risk of errors.
Digital Signature Management
DocuSign, enables users to assign documents to respective parties for digital signatures and facilitates the secure and efficient signing of contracts, agreements, and other essential documents, eliminating the need for physical paperwork and enabling remote transactions.
Blockchain-Powered Transparency
Leveraging blockchain technology, Klaviss provides complete transparency, traceability, and immutability to real estate transactions. This ensures that all transaction records are securely stored and tamper-proof, enhancing trust and accountability among all parties involved.
User Role-Based Access and Control
Klaviss offers multiple user roles, including agents, buyers, and sellers, with specific permissions and visibility over the transaction process. This allows each user to perform their activities on the platform while maintaining control and oversight of their respective transactions.
Paperless Transaction Management
The platform allows users to view and manage documents related to their transactions in a paperless environment. By digitizing the entire transaction process, Klaviss reduces the reliance on physical paperwork, leading to increased efficiency and environmental sustainability.
Value Proposition
The Klaviss platform is the first of its kind to use blockchain technology to power real estate transactions in the US.
The Klaviss platform has provided complete transparency, traceability, and immutability, and with its blockchain technology, it has set a benchmark in revolutionizing the real estate industry.
Increased Efficiency
Enhanced Transparency
Improved Security
Superior Customer Experience
Reduced Costs
The Klaviss platform was built using the latest technologies and frameworks. The platform utilizes computer vision technology, powered by Optical Character Recognition, to extract information from uploaded documents and automate the transaction process.
The platform provides multiple user roles, including agents, buyers, and sellers, who can perform their activities on the platform while having complete control and visibility over the transaction process.
The platform is also integrated with DocuSign, allowing users to assign documents to respective parties for digital signatures.
The platform has been a resounding success, providing complete transparency, traceability, and immutability to real estate transactions, offering benefits such as a reduction in time, costs, and errors, making the platform one of the best choices for conducting real estate transactions.
The platform allows users to view and manage documents related to their transactions, making the transactions paperless. The Klaviss platform also provides complete insight and control over all transactions on the platform.