How Smart Contracts Will Power Automated Leasing

Beside our listings platform eLocations.com, we are developing the smart contract for leases. The use of the technology’s permanent, public, and tamper-proof qualities to store and run automated contracts is the most exciting blockchain application. Smart contracts are faster to set-up, more transparent, and less open to challenge and litigation than traditional contracts. And within the next decade billions of commercial lease contracts will be decentralised on the Blockchain. More details are explained in the Whitepaper.

The Challenge

The global retail real estate market is fragmented, opaque and offline.
The industry is vast, with millions of stores worldwide.

No visibility across the market for retailers to see all available retail property, or to find detailed location intelligence.

This is inefficient. Wasting time, money and creating costly mistakes.

Decision making is extremely limited.

The Solution

The Commercial Properties Market Place & Blockchain Revolution.

We switch millions of offline paper contracts into online smart contracts on the blockchain and transform the retail property business with Big Data from the bricks to the clicks.

The mission is to build the worlds most trusted and powerful retail property marketplace to empower global retail brands as well as property owners, investors and real estate brokers with information and tools to make intelligent location decisions.

Our aim is to analyze and cover all store openings on the map globally. These new shops are located in the 500+ most important shopping streets for the top retail brands, like e.g. Fifth Avenue, Causeway Bay, New Bond Street and Rue Saint Honore.

Furthermore, our aim is to provide real estate and turnover data of 3 million retail properties and boutiques for fashion retail in prime locations worldwide.

Read more about our solutions in our whitepaper.

Benefits

Timeline

  1. June 2016 15,000 shop openings news online.  
  2. April 2017 Commercial property marketplace went live with 30,000 shops and properties.  
  3. August 2017 The first external investor in eLocations (Global Market Leader in shopping centre Christmas lighting).  
  4. September 2017 60,000 shops and properties in the top high streets online globally.  
  5. October 2017 30,000 store opening news collected and mapped.  
  6. November 2017 4,000+ shops for rent.  
  7. December 2017 1 million property and news page views.  
  8. January 2018 Start development Smart Contract approach.  
  9. February 2018 36,000 store opening news collected and mapped. 80,000 shops and properties in the top high streets online globally.  
  10. March 2018 Second external investor in eLocations (Global MD Real Estate at a leading investment bank). Start development of Smart Lease Contract prototype.  
  11. 2nd Quarter 2018 Start of Global Roadshow.  
  12. 3rd Quarter 2018 continuing Global Roadshow.  
  13. Autumn 2018 Launch of Smart Lease Contract prototype (Beta).  
  14. November 2018 MVP Lease Contracts on the Blockchain.  
  15. Spring 2019 500,000 shops and properties in the top high streets online globally.  
  16. June 2019 150,000 store opening news collected and mapped.  
  17. December 2019 2,000,000 shops and properties, 200,000 news and 50,000 listings.  
  18. June 2020 3,000,000 shops and properties, 300,000 news and 100,000 listings.  
  19. December 2020 Majority of the worldwide expanding retailers use eLocations Blockchain contracts.  
  20. July 2021 Most of the Global Pension Funds under contract for Blockchain leases.  
  21. 2025 The Mars Land Registry on the eLocations Blockchain.  
  22. 2030 The Venus Land Registry on the eLocations Blockchain.  

Smart Contract

Code (Version 0.1)

Team

Advisors

Partners

References on eLocations.com

Landlords

Brokers

SHOPPING CENTERS

Retailers

Data Stack

1.0 Listing data
  • Available retail listings
  • Mapping
  • Filter by retailer, agent, location
  • Location intelligence
2.0 Media
  • News/media coverage on openings
Land Registry Data
  • Ownership
  • Valuations
Mobile Phone Data
  • Numbers of people visiting the area (geo-fencing)
  • Demographic breakdown
  • Numbers of people visiting a store
Credit Card Data
  • Location specific spending
  • Demographic spend breakdown
Consumer Data
  • Facebook data
  • Instagram data
  • Snapchat data
  • LinkedIn data - integrated
3.0 Smart Contracts
  • Transfer lease contracts to Location Blockchain

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