SBI Holdings and others collaborate to develop a real estate transaction data sharing solution SREC

SBI Holdings, SBI Real Estate Finance, and Sumitomo Real Estate Sales have collaborated to develop a blockchain based real estate transaction document and data sharing solution SREC. They have conducted an SREC demonstration using Corda Enterprise Blockchain from R3. After the demonstration is successful, they plan to establish a data sharing platform for the public. SREC can be used to share documents and data related to the progress of sales transactions, making it more transparent.