iLOOKABOUT and Cherre have announced the signing of an agreement of consul between the two parties, in which Cherre will share its market platform data with iLOOKABOUT.
“Real estate is by far the world’s largest asset class in value, but has yet to meaningfully adapt to modern information exchange standards and trading platforms, resulting in limited accessibility, and disparate, contradictory data,” said Gary Yeoman, Chief Executive Officer of iLOOKABOUT. “Working with Cherre’s technological expertise – combined with its proprietary machine-learning application programming interface (API) – will allow us to build the blockchain infrastructure that will democratize real estate data across North America, and capitalize on the demand for secure, integrated and accurate property information.”
“This collaboration represents an important next step in the future of real estate, as we work to create a decentralized marketplace that enables all stakeholders to seamlessly transact in the market, ushering in a new era of data integrity and usage opportunities,” said Chief Executive Officer of Cherre, L.D. Salmanson. “iLOOKABOUT’s management team brings the necessary depth of insight and experience to lead the real estate industry in the development of a vital and vibrant ecosystem that will fundamentally change the way we consume and exchange information across both commercial and residential markets. We look forward to working together on this transformative initiative that will act as a catalyst for value creation – empowering property owners and industry professionals to participate in and benefit from improved data access, enhanced surety and security, greater efficiencies and lower costs.”
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