Defined
BlockAppeal arises from use of connecting BlockChain technology with the Real Estate industry and its ecosystem members needing to efficiently, securely and cost effectively quickly share information in a real estate transaction.
Permissioned BlockChain
BlockAppeal uses the IBM BlockChain Platform which is based on Hyperledger Fabric, an open-source permissioned blockchain.
Privacy and Immutability
BlockAppeal uses a permissioned blockchain to offer immutability, privacy, and traceability of all real estate transactions throughout the real estate sale process.
A Trusted Network
Unlike open, anonymous blockchains like those used for cryptocurrencies, on the BlockAppeal blockchain members are what's referred to as "Trust Anchors" and known to the network based on cryptographic identities.