REAL ESTATE
January 18

SmartZip Brings Real Estate Data to the Blockchain with Chainlink

Press Release

PRESS RELEASE

SmartZip is excited to announce that they will join Chainlink’s market-leading decentralized oracle network by launching their own Chainlink node. The Chainlink node serves as secure blockchain middleware that makes existing SmartZip APIs compatible across leading blockchain networks.

Through this new Chain Link node, SmartZip can supply their proprietary real estate data including property prices, rental rates, regional trends, and predictive pricing models to blockchain applications (aka smart contracts). Additionally, the Chainlink node cryptographically signs all data broadcasted on the blockchain, giving users cryptographic proof of the data’s integrity as originating from a SmartZip API.

The Chainlink node not only expands SmartZip’s reach as a data provider by extending their high-quality datasets into emerging blockchain markets, but provisions new types of real estate products and markets. Developers can use SmartZip’s data to produce data-driven smart contract applications that settle prediction markets centered around future house values, calculate the value of NFTs that represent real estate, or supply trusted benchmarks before executing trades of tokenized properties.

SmartZip Expanding Services to the Chainlink Network
SmartZip’s proprietary predictive analytics model aggregates data from 24 sources and contains over 1 billion data points on residential real estate, including up-to-date market valuations, rental incomes and other key data points.

With blockchain’s ability to both digitize real estate as tokenized assets and reduce middleman inefficiencies in the industry, there is a growing opportunity to bring SmartZip’s premium real estate data on-chain and support these new markets. Because blockchains are intentionally disconnected from external systems to ensure their security and reliability, smart contracts have no built-in capabilities of accessing off-chain SmartZip API data. This lack of external connectivity requires the use of an additional piece of infrastructure known as a blockchain oracle to bring external API data into blockchain networks.

Chainlink, the most widely adopted oracle network in the blockchain industry, offers a time-tested, industry-standard oracle solution for making SmartZip's real estate data accessible to a vast pool of smart contract developers. Chainlink provides numerous features that set it apart from other solutions, such as:

  • Data Signing - The Chainlink node cryptographically signs every piece of data SmartZip posts on-chain, preventing man-in-the-middle attacks and increasing its reliability in automating contract outcomes.
  • Blockchain Agnostic - The Chainlink node is blockchain-agnostic, providing SmartZip with a single gateway to sell data to any current and future blockchain.
  • Large Market - Chainlink is the most widely used oracle solution in the smart contract economy, providing a large and growing market of potential data consumers.
  • Secure Infrastructure - Chainlink is thoroughly audited open-source software that collectively secures billions of dollars in value on mainnet, proving its ability to protect and trigger the movement of real economic value.

 

“Chainlink offers SmartZip a quick, easy, and secure solution for transitioning our current API infrastructure to support blockchain networks,” said Robert Reardon, General Manager of SmartZip. “Not only does this open up new revenue streams in an emerging market, but it’s a future-proof solution that can easily scale to support a variety of new blockchains and applications. This saves us a considerable amount of time and resources, while exposing our data to a new decentralized economy.”

Joining the Chainlink Network as a node operator allows SmartZip to take part in the growing smart contract economy by providing premium data to new forms of decentralized and openly accessible real estate markets. As more real estate transitions to blockchains, SmartZip’s data can support a growing variety of new applications, such as real estate being used as collateral in decentralized finance (DeFi) products to obtain loans or property-based NFTs that trade on decentralized exchanges (DEXs).

About SmartZip
Smartzip is the leader of predictive analytics in real estate. With Smartzip, developers can easily integrate the most comprehensive real estate database into their applications including property values, rental rates, likelihood of selling and much more.
For more information, visit: https://smartzip.com/

SmartZip is part of the Constellation Real Estate Group, a portfolio of vertical market software companies within Constellation Software, Inc. The Constellation Real Estate Group acquires and invests in technology companies in the real estate vertical that are committed to providing innovative, long-term solutions and partnerships to the customers they serve.
For more information, visit: https://constellationreg.com

About Chainlink
Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.
Chainlink is trusted by hundreds of organizations to deliver definitive truth via secure, reliable data feeds. To learn more, visit chain.link, subscribe to the Chainlink newsletter, and follow @chainlink on Twitter.

Seller Leads in Real Estate

Unique Ways to Generate Referral Business

There are many ways to generate referrals. We hope this article inspires you to think about ways that your business could benefit from more referrals today!

Read Story
Seller Leads in Real Estate

Effective Messaging Tips for Real Estate Lead Nurturing Through Email

A successful real estate lead nurturing program consists of a series of carefully crafted messaging and email marketing strategies. In this article, we review tips and tricks for your success with email marketing!

Read Story
Seller Leads in Real Estate

Building a Real Estate Referral Network

The referral network model is an effective way to build your business and reach more potential clients, while also ensuring that the people you work with get the best possible service.

Read Story
Seller Leads in Real Estate

How Can You Prove You're a Local Real Estate Expert?

If you're a real estate agent, you're probably looking for ways to build credibility in your community. Check out these top ways to prove you are the local expert in your area!

Read Story
Seller Leads in Real Estate

How to Collect Client Testimonials

Your past work can be your best advertisement, with a little bit of effort from you and your clients!

Read Story
Seller Leads in Real Estate

How to Grow Your Email List as a Realtor

There are many ways to grow your email list as a Realtor. We hope that this blog helps you gain some inspiration!

Read Story
Seller Leads in Real Estate

How to Nurture Real Estate Leads

Nurturing real estate leads is a great way to build relationships, trust, and your pipeline. If you need help nurturing your real estate leads, we can help!

Read Story
Seller Leads in Real Estate

Facebook Advertising vs. Direct Mail

With so many options available to us today it's important to understand which one works best for your business: direct mail or digital advertising?

Read Story
Seller Leads in Real Estate

Tips for Creating Email Subject Lines to Improve Open Rates

Subject lines are one of the most important parts of an email. They're often the first thing people see when they look at their inboxes, so it's vital that your subject line grabs their attention and convinces them that this message is worth reading.

Read Story
Seller Leads in Real Estate

5 Clever Ways to Buy Real Estate Leads

Are you interested in buying real estate leads but don’t know how to do it smartly? If yes, then we are here to help you.

Read Story
Seller Leads in Real Estate

What Are Automated Valuation Landing Pages?

Automated Valuation Landing Pages are a unique type of landing page that includes the home valuation tool. The main purpose of these pages is to get more leads for your business, but they also help market your business at the same time.

Read Story
Seller Leads in Real Estate

In-Person Farming Ideas for Real Estate Agents

Looking to generate more leads this year? We've got a few creative ways to grow your business in your community!

Read Story
Seller Leads in Real Estate

How to find distressed real estate sellers

Here are the top ways to find distressed properties in your market!

Read Story
Seller Leads in Real Estate

5 Creative Messaging Ideas for Seasonal Real Estate Postcards

Here are 5 fresh, creative ways to reinvigorate seasonal real estate postcard campaigns and get the response you need – plus bonus tips!

Read Story
Seller Leads in Real Estate

Free Open House Guide & Listing Form for Real Estate Agents

Are you about to host an open house and want to make sure it is a huge success? We have mapped out the tricks to improve your game and bring in the business!

Read Story
Seller Leads in Real Estate

6 Creative Real Estate Farming Ideas to Stand Out

Build deeper relationships with your prospects and earn long-term brand loyalty with these 6 creative real estate farming ideas.

Read Story
Seller Leads in Real Estate

How Agents Turn Low Home Inventory into a Marketing Advantage

Learn how to make low home inventory your marketing secret weapon with low inventory real estate postcards, multi-channel marketing, and captivating messaging.

Read Story
Seller Leads in Real Estate

6 Key Steps to Using LinkedIn for Real Estate Lead Generation in 2022

Learn exactly how to use LinkedIn to get real estate leads, including how to strategically grow your network and how to get your content to stand out.

Read Story
Seller Leads in Real Estate

5 Unique Real Estate Lead Generation Tips to Find Buyers

Use these 5 unique real estate lead generation tips to get ahead of your competition, secure more viable buyers, and successfully grow your business in 2022!

Read Story
Seller Leads in Real Estate

Why CINC Isn’t the Best Choice for Real Estate Lead Generation

Is CINC the best choice for consistently generating high-quality leads? We help you understand why a smarter alternative might be better.

Read Story
Seller Leads in Real Estate

Your 2022 Real Estate Social Media Marketing Plan

Get more leads, grow your brand, and improve your farming results with a creative and comprehensive 2022 real estate social media marketing plan.

Read Story
Icon