EB145 – Stephen King & Russell McLernon: Distrupting Property With RexMLS – A Decentralized MLS

Among the sectors which is ripe for interruption is the genuine estate market. In the United States for instance, a handful of historic and very powerful players run what is known as MLS, or Multiple Listing Services, and hold informal monopolies on property and business real estate listings. Brokers, who depend on these listing services to offer homes, concur that their incumbent positions have actually developed a circumstance where costs have actually continued to rise, while little to no added worth has actually been added for their users.Stephen King and Russel McLernon join us to describe RexMLS, a decentralized Numerous Listing Service built on Ethereum and IPFS. Currently in beta, the DApp would enable brokers to list homes at an extremely low expense, and be easily accessible to worldwide markets, something which is lacking in the present model.

Topics discussed in this episode:

  • The fundamentals of MLS or Numerous Listing Solutions
  • What is RexMLS and the issues it is aiming to address
  • The benefits of a decentralized MLS
  • The various technical components of RexMLS
  • Why they selected Ethereum and IPFS
  • The user experience of RexMLS
  • The product’s roll-out stages
  • How users are incentivized to take part in the system
  • The RexDex token exchange and the token injection design
  • RexMLS’s governance design

Links pointed out in this episode:

  • RexMLS Website
  • RexMLS Beta
  • RexMLS White Paper

Sponsors:

  • Jaxx: Wallets that Unify the Blockchain Experience Across Devices JAXX.io

Program notes

YouTube

SoundCloud

Center Bitcoin is hosted by Brian Fabian Crain, S?ƒ& fnof; bastien Couture & Meher Roy.Visit our website Sign up for our newsletter Twitter The Let’s Talk Bitcoin Network

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