Propy is a Proptech that aims to provide “self-driving transactions for agents, home buyers, and sellers.” Propy leverages blockchain technology and artificial intelligence (AI) to power its platform. Founded by CEO Natalia Karayaneva, the entrepreneur aims to put real estate assets on-chain.
In a company statement, Propy announced that it had added former SEC Commissioner Michael Piwowar and Coindesk journo Michael Casey to its board of Directors. Piwowar is expected to help Propy navigate regulatory hurdles in key markets. Casey was previously a founding staffer at the MIT Media Lab’s Digital Currency Initiative.
Honored to welcome @MikejCasey (Coindesk, Consensus) and Dr. @MichaelPiwowar (SEC, Senate, White House) to Propy’s Board! Their deep expertise will advance our AI and web3 innovation and will initiate our efforts in policy reforms, pushing us closer to transforming the… pic.twitter.com/wK0ceyOuMA
— Natalia Karayaneva (@NataliePropy) September 14, 2024
Karayaneva said the new appointments will help Propy grow further, faster, and better. She said the two’s guidance will help foster a future where” more people of diverse socio-economic backgrounds own property and build wealth is possible. ”
By incorporating smart contracts, Propy says it simplifies the home-purchasing process while providing a secure and transparent process using a decentralized title registry and escrow settlement protocol.
Propy hopes to bring one million homes on-chain by 2025.
