Background

What Has Blockchain Got To Do with Proptech & How Does It Affect the Residential Market? With Dan Salmons

Transcript arrow_drop_down

Transcript

[ad_1]

Oct 26, 2021

In this episode of The Propcast,
Louisa speaks with Dan Salmons, CEO of Coadjute, the company who is
creating a ‘National Grid’ for the property market to make buying
and selling real estate quicker, simpler and a more transparent
process for everyone involved by utilising blockchain technology.
We discuss why the property buying and selling process is so
lengthy and laborious, and how Proptech is significantly changing
the game for residential and commercial real estate
deals. 


Companies Mentioned:


Shout Outs

Richard Price, Dezrez
https://www.linkedin.com/in/richieprice/ 

Martin MacDuff, Redbrick
Solutions
https://www.linkedin.com/in/martin-macduff-29a1b717/


Key Insights From This Episode

  • The property market is in an ecosystem of
    multiple professions – the real estate profession, the legal,
    financial, the government. And they somehow have to work together
    to get your property transaction done. And yet they have no
    infrastructure to do that.
  • Sometimes the small things are really
    transformative. 
  • Blockchain allows a group of people who want to
    share information with each other to be certain that that
    information is reliable and that no one’s cheating. It allows them
    to do that without a central authority having to review and confirm
    all that information.
  • Blockchain is a new piece of infrastructure
    that allows people to securely share data and know it’s a hundred
    percent accurate without someone in the middle telling them it
    is.
  • What I want to come up with something that
    feels effortless, easy, obvious, simple. Then you’ll get fantastic
    adoption. And then gradually of course you can extend and expand
    what it is.
  • Sometimes people lack the imagination to
    believe the world can ever be different. you have to have the
    imagination if you’re innovating to believe the world can be
    better.
  • We’ve got lots to do in the UK. We were number
    four in the Olympic metal table, but on the world rankings of how
    easy it is to move property, we’re number 42.
  • The reception has been really warm and I think
    it’s cause in this case, the bit that we’re helping where this is
    the bit no one likes anyway. The administration, the chasing I
    mean, who doesn’t want to have more up to date information when
    they’re dealing with the property deal?
  • Innovation is all about perspiration. They say
    ideas are really cheap. Anyone can have an idea. What’s interesting
    is what happens when that idea meets the real world and you start
    actually making it happen.


Keywords:
blockchain,
innovation, fintech, national grid, property sales, technology,
information, connectivity

 

About Our Guests

Dan Salmons, Chief Executive
Officer, Coadjute


https://www.linkedin.com/in/dansalmons/?originalSubdomain=uk

A leader in innovation in
Financial Services for 25 years, Dan has held executive roles at
Capital One, Barclays, and RBS/NatWest, and has launched
ground-breaking products including Contactless Cards and Mobile
Payments. He has been CEO and NED of several FinTechs, and an
advisor to Roche.


2:54

 

Company summary Coadjute –

Coadjute’s mission is to make
buying and selling property a simpler, faster and more transparent
process for everyone involved. To do that, we are creating a
transformative new piece of national infrastructure for the UK: – a
“National Grid” for the property
market.   

 

Coadjute connects the
software that runs the property market in real-time. Our open
blockchain network connects the platforms already used by estate
agents, conveyancers, mortgage brokers and lenders, opening up a
range of new connected possibilities. These include seeing progress
updates in real-time, securely sharing documents and messages, and
even automating processes like payments.

 

About Our Host

Louisa Dickins


https://www.linkedin.com/in/louisa-dickins-ab065392/?originalSubdomain=uk

Louisa started her career in
property working at a well-known estate agency in London. Realising
her people skills, she moved over to Lloyd May to pursue a career
in recruitment. She now is a Director at 
LMRE, who are a specialist recruitment firm driven
by PropTech and recruitment professionals, and Louisa oversees
their 5 core areas. Louisa co-founded LMRE and provides a
constructive recruitment platform to the new disruptors in real
estate. Louisa is also on the board of Directors at UK PropTech
Association (UKPA).

 

About LMRE

www.lmre.tech

LMRE believe there is a better
way to recruit. 
LMRE focus on a more comprehensive, client led
focus delivering exceptional talent to the place at the time. They
are passionate about the industry and passionate about people’s
careers. LMRE spend time with each client to become and an
extension of the business, and their transparency and core values
help them grow with the sector. LMRE simplify recruitment and
innovate with our clients and evolve the people driven, PropTech
community.



[ad_2]

Source link

About the author call_made

admin

More posts

Timestamp

Be the first to leave a comment

Leave a comment

Your email address will not be published. Required fields are marked *

 For anyone looking to expand their real estate horizons beyond borders, this podcast offers a treasure trove of insights from top agents around the globe. Whether you’re looking to showcase your expertise as a real estate professional or uncover the next great investment opportunity as a buyer, Global Real Estate Insider provides the expert advice and market analysis you need to make informed decisions in the global real estate arena.

International real estate platform that connects foreign buyers and investors with international property

0%

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation