Blockchain Solutions for Real Estate Sector: Credits and City Star
Credits reached an agreement with a new partner
July 17, 2018. Riga
Credits is expanding the list of its international partners with City Star, a leading Riga-based real estate developer. The companies have exchanged their vision of the future cooperation and agreed to launch a partnership.
City Star considers using blockchain technology developed by the Credits team to implement real estate and logistics projects as well as other business initiatives. Besides smart contract and the IoT solutions, the companys’ teams may also work on the development of dApp services for the construction and logistics industry. In their framework documents Credits and City Star agreed to provide mutual data support and share information.
Based in Latvia, City Star is a branch of a holding company with over 70-year track record in real estate development and management in Europe. It focuses on sustainable multi-housing projects and currently operates a number of yielding properties and residential projects in Riga city center, which are now on different stages of development.