On 1 August, we announced our new joint ven­ture RAAY RE we have found­ed togeth­er with our part­ners Ham­mer AG and Wert­grund AG. RAAY RE, which stands for RAAY Real Estate, is our first ver­ti­cal with­in the RAAY Oper­at­ing Sys­tem fam­i­ly. RRE is lever­ag­ing Blockchain tech­nol­o­gy to dis­rupt the real estate industry.

The real estate indus­try has been boom­ing for more than 10 years and most play­ers with­in the indus­try have great bal­ance sheets com­bined with huge prof­its. Every boom phase comes to its end, even­tu­al­ly. When early mar­ket indi­ca­tors start to change, forward-looking mar­ket par­tic­i­pants adapt their strate­gies and pre­pare for slow­ing mar­kets. Blockchain is a foun­da­tion­al tech­nol­o­gy that’s best suit­ed not only for sim­pli­fy­ing busi­ness­es, stream­lin­ing process­es and elim­i­nat­ing inef­fi­cien­cies, which is most need­ed in times of soft­en­ing mar­kets but at the same time, blockchain is a great enabler of new busi­ness mod­els that had not been pos­si­ble to offer before.

We have big plans with RRE, aim­ing at lever­ag­ing blockchain tech­nol­o­gy to dis­rupt the real estate indus­try. We will start with tok­eniz­ing illiq­uid real estate assets.

Lever­ag­ing Blockchain Tech­nol­o­gy To Dis­rupt The Real Estate Industry

Since we at Datarel­la and RAAY are no experts in real estate, we are happy to have teamed up with Ham­mer AG and Wert­grund AG, two pre­mier real estate com­pa­nies with great track records. For me per­son­al­ly, it’s a real honor that Hans Ham­mer, CEO of Ham­mer AG, and Thomas Meyer, CEO of Wert­grund AG, are will­ing to start this fas­ci­nat­ing jour­ney togeth­er with us. Both of them not only rep­re­sent high­ly suc­cess­ful com­pa­nies, but they are very entre­pre­neur­ial types who think out­side the box and have this superb mix of being curi­ous and explo­rative, as well as rep­utable and down-to-earth at the same time. It’s an absolute plea­sure to work with them.

I’m look­ing for­ward to co-building RAAY RE with Datarel­la, RAAY, Ham­mer, and Wert­grund — a team that is best suit­ed for mak­ing the real estate indus­try more effi­cient. If you‘re inter­est­ed in dis­cussing our plans let‘s meet at Expo­Re­al in October!

Datarella RAAY RE real estate industry Tokenization