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The objectives for the project are to formalize the value proposition and business case for a blockchain enabled platform for real-estate information and transactions called GRID (Geo-Registry Integrated Data chain) (a patent-pending technology platform which was developed by Arrowhead Development Company Ltd.). This research aims to: i) investigate aspects related to GRID’s potential financial model and various revenue streams; ii) explore GRID’s network fit within the broader property ecosystem and the emerging Canadian blockchain ecosystem, and iii) quantify the inherent industry risk and estimate the value of mitigating this risk through GRID. The results from this research would be used by Arrowhead to develop a business plan that could be executed.
Umar Ruhi
Arrowhead Development
Business
Real estate and rental and leasing
University of Ottawa
Business Strategy Internship
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