Target Groups:
Potential renters, Landlords
Affiliation:
Eth.Dublin
Open Source and Standards:
Yes

Abstract

The Irish rental market is fraught with challenges. Viewings are rife with bias, Machiavellian competition, price disparities, and pure chance. No solutions exist to balance incentives on both the renter and landlord sides.

Main Author:
Robert Leahy
< robertleahy95@gmail.com >
Authors:
Eric McEvoy, Anthony Nixon, Stephen Neary
Use Case URL:
https://safeti.live/

Value Proposition

Safetí targets the most sensitive part of the rental process; rental viewings. The product empowers through:

  • Blind Bidding Auctions, configured with: Social Equity Boosted Points and Instantly Settled Immutable Matching Transactions.
  • The unique combination of TEE Hardware Execution Environments and Fully Encrypted Ethereum has not been applied to such a qualitative problem as this, within the rental market before.

Important capabilities include the following:

  • NFT Ecosystem allows for identity NFTs for renters and property NFTs for landlords to ensure transparency, immutability, and automated smart contracts. 
  • The use of AI Agents within the TEE's to process sensitive renter and property data with human oversight, ensuring transparency and audibility.
  • Tokenization that enables bi-party value with reduced risk for landlords and less friction and cost for tenants.

The team is currently working on a gitbook and is in the process of implementing a key factor to incentivise landlords.

Governance

Improves the governance of the Irish rental viewing procedures by rebalancing the traditional roles of renter and landlord, and providing incentives for both sides.

Token and asset creation and exchange

Introduces innovative Blind Bidding Auctions, configured with: Social Equity Boosted Points and Instantly Settled Immutable Matching Transactions.

Process optimisation

An innovative introduction of Trustless Computing into a DLT application.