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Is Blockchain Set to Revolutionise the Global Real Estate Inspection Process?

Key Takeaways

  • Xelidoni is revolutionising the global real estate inspection process with blockchain and AI technology.
  • The startup’s 3D Inspection App scans properties with precision, identifying any changes or damages.
  • The app informs smart contracts on the blockchain, managing the equitable release of rent deposits.
  • This technology aims to reduce tenant-landlord disputes and save the real estate industry billions of dollars each year.

Global real estate is a trillion-dollar industry, with inspection disputes and deposit dilemmas being part of its biggest ongoing challenges. Estimates suggest a staggering $517.5 billion is lost annually to these issues. Enter Xelidoni, a Swiss-based startup that might just have the innovative solution this costly problem needs. Xelidoni’s vision is to make property inspections quicker, reduce tenant-landlord disputes by 60%, and save the global real estate industry billions of dollars in the process.

Redefining the traditional process with state-of-the-art technology, Xelidoni’s mission is to transform outdated inspection practices into a streamlined, transparent process that facilitates better relationships between landlords and tenants. With its embedment in the Blockchain, FinTech, and Real Estate industries, Xelidoni is positioning itself as a potential game-changer by integrating artificial intelligence, 3D scanning, and blockchain technology.

Xelidoni differentiates itself by innovating with a 3D Inspection App. This groundbreaking app offers a comprehensive documentation of apartments, capturing every detail with speed and precision. As tenants move in or out, the app scans each corner of the property and references the data collected with the last inspection. The startup’s AI engine, the “smart brain,” analyses this data meticulously, detecting any changes or damages with unparalleled ease.

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The result? A fair, unambiguous report that feeds into smart contracts on the blockchain, managing the equitable release of rent deposits. By turning an otherwise laborious and disputed process into a rapid and transparent operation, Xelidoni stands to impact the real estate market in unlimited ways. The improved efficiency and reduction in disputes offered by the startup’s approach is something the global real estate industry desperately needs.

Looking to the future, Xelidoni is on track to revolutionise the real estate inspection process on a global scale. Through its seamless integration of AI, 3D scanning, and blockchain, the startup is creating a transparent ecosystem that saves both tenants and landlords time and money – and prevents countless legal disputes. As the real estate industry continues its never-ending expansion, the demand for such solutions is only set to increase.

For anyone involved in the real estate industry, keeping an eye on Xelidoni’s journey could be incredibly beneficial. The advent of blockchain-powered solutions like Xelidoni’s could lead to a paradigm shift in how inspections and rental guarantees are handled, bringing unprecedented efficiency and precision to the domain. To stay updated on their progress, check out their website, Twitter and LinkedIn pages.


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