Guest blog from Anton Glotser, CEO of DelNorte
DelNorte is digitizing, tokenizing and monetizing bureaucratic processes. In governments and corporations bureaucracy is often time consuming, cumbersome and in the worst cases prone to corruption. Many governments and some corporations are still using the millenia-old method of pen and paper for bureaucratic processes. Our partnership with Partisia will help us modernize that process.
DelNorte solves the problem of security, transparency, frequency, efficiency, scalability, fidelity and friction. By converting physical documents to digital and storing them on the blockchain we solve about 95% of the problems associated with traditional paperwork. Not only does this greatly improve quality and security of the data, but our solution provides an unfathomable amount of ancillary benefits. Having guaranteed and secure real time data associated with physical assets, such as real estate deeds on the blockchain, makes the assets represented by these smart tokens significantly more valuable.
Working with Partisia Blockchain offers several notable benefits both for us and our clients. Partisia Blockchain utilizes cutting-edge cryptographic techniques like secure multiparty computation (MPC) to ensure that sensitive data remains confidential even while being processed on the blockchain. It addresses scalability challenges by enabling efficient computation and data processing. As we occasionally get requests for a variety of blockchains, Partisia accommodates us with their interoperability across blockchains and systems. Also dealing with governments security is a top priority for us. Partisia utilizes advanced cryptographic techniques to protect data and transactions. The last important point is our ability with Partisia to mold a variety of regulations and customization to specific use cases and business requirements.
We have contracts for pilot projects in El Salvador, Mexico and Honduras. Our most advanced and tested project is in El Salvador. There we have live transactions and are now expanding to other services like digital signatures stored on chain, and a national expansion for tokenized deeds and titles.
We also have a product called Kasas.io, it is a real estate search engine and marketplace that allows anyone to buy, sell, rent or invest in whole property or fractions of real estate remotely and completely legally in all of Latin America. In the places where we have a direct link to the government we can even perform 100% digital remote real estate transactions for purchase or sale, with digital NFT deeds and titles issued virtually on chain and recognized by the government as official. You can hop on a plane and buy a house mid-flight, and by the time you land in that country (El Salvador at the moment), you will already own the house.
DelNorte stock is registered and we are currently raising US$2 million for 20% of the company to fuel our national and international growth. We are in the process of expanding to about a dozen countries in Latin America but also into parts of the USA. We are expanding our tech stack and our private sector operations for automated real estate transactions. If you are interested in learning more about us or investing, please check us out on all social media at https://delnorte.io or for questions about investment email us at ag@delnorte.io
We are proud to introduce to the community one of our major roadmap items, the BYOC framework.
Interoperability and decentralization is one of our core values of our blockchain and one of our goals is to enable anyone to harness the capabilities of MPC. This is why our BYOC architecture was created in the first place, allowing the onboarding of any liquid assets to be usable as transaction fees (gas) on our blockchain.
Until now the foundation has proposed and enabled the onboarding of ETH, Polygon USDC and BNB as forms of payment. But our long term goal always was to allow for the community to make decisions on what tokens should be enabled on our chain.
The BYOC framework will now allow for the community to propose any tokens running on the Ethereum, BNB or Polygon chains to be usable as gas payment. The proposal then will go to our validators who will then make the final vote on whether or not to onboard the token as form of payment on Partisia Blockchain.
In the coming days we will share additional details and instructions on how the community can create a proposal for a token to be enabled on Partisia Blockchain. The foundation will initially start by submitting proposals to enable both USDT and MATIC tokens, and create detailed instruction guides using these two tokens as templates to help guide the community to onboard other tokens of their choice.
We are very excited to introduce this new feature and looking forward to seeing other great tokens being introduced by the community into our bridge.