Immobilium platform is to a large extent already developed and a demo version has been in extensive testing for several months now, with a minor subset of the functionality still to be deployed. The developer of the technical solution for Immobilium platform, integrations with third-party service providers and the underlying blockchain platform is Blockstruct GmbH from Austria.
Blockstruct is the company leading the development of the 0bsnetwork Blockchain For The Real World platform, built around the cutting edge consensus algorithm developed at Cornell University, which has been in uninterrupted operation since July 2018 (testnet) and February 2019 (mainnet).
0bsnetwork serves as the underlying blockchain platform for several of the World First projects, e.g. Eloop vehicle shared ownership / crowd investment and management platform, for the operator of a fleet of more than 100 Tesla Model 3 cars operated as car sharing fleet in Vienna. More than a thousand small investors have contributed their funds to the purchase of the Eloop fleet vehicles and are automatically kept informed of the operational and financial performance of the fleet in an hourly rhythm, through the utilization of 0bsnetwork-native Data Transactions (for recording and processing vehicle sensor data, including GPS location, state of charge, trip info, miles driven, revenue generated, etc.) and 0bsnetwork-native Token features, using which the vehicles are tokenized and can be easily traded among the investor base.
Another unique project implemented on the 0bsnetwork blockchain platform is “REST” (Raiffeisen Euro-backed Stable Token), which is the only fiat currency-backed stable token issued on a public/open blockchain platform by a regulated financial institution, the Raiffeisen Bank International. RBI is the principal bank of the Raiffeisen Banking Group operating in 15+ countries, with dozens of thousands of employees and many millions of customers. As this project required integration of the blockchain layer with “traditional” cloud services and, most importantly, the core banking system of the bank, RBI engaged an independent cybersecurity company to comprehensively test the entire solution provided by Blockstruct GmbH and verify that it is indeed banking-grade software from the security perspective. The tests were passed with flying colors. In addition to these world-firsts, Blockstruct has developed a production-ready (agricultural) commodity trading marketplace, integrating all the stakeholders and processes into one comprehensive and easy to use interface, speeding up all procedures by orders of magnitude. Another solution developed by s and tracking luxury goods.
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