Blockchain appraisal report authentication application for ATValor
Conceptualisation, design and construction of a blockchain application aimed at providing banks with assurance of the veracity of the appraisal reports submitted by their customers.
+50% Reduction in verification costs
Inefficiency in the current process
According to the current model, the appraiser is responsible for valuing homes, premises, garages, etc. on request by the person who contracts the services of the appraiser. These customers will then go to the banks to apply for credit. The banks will direct the appraisal verification to the appraiser. This leads to duplication and inefficiencies in the process.