BeFund

BeFund was hired by a Canadian real estate company to implement automated smart contracts on the Ethereum blockchain. The real estate company had been spending between 5% and 12% of the value of each deal on servicing costs, and sought to reduce these costs through the use of smart contracts. The project involved the creation of a decentralized application for managing smart contracts, as well as several individual smart contracts created on Solidity. The contracts were designed to automatically update information on the market value of real estate through a network of decentralized oracles. The BeFund team, consisting of a project manager, a designer, a front-end developer and 1 to 3 Solidity developers, successfully delivered on the project. The real estate company owner worked directly with the BeFund project manager, who coordinated deadlines, monitored progress, and provided regular updates and reports. The implementation of smart contracts has increased the reliability of information, automated routine business processes, and enhanced the level of confidentiality for customers.