FairHouse

• 

  cockroachdb cluster

Inspiration

The Housing market is currently booming, yet there are many in our society who are homeless, near homeless and are in desperate need of financial assistance for housing. This issue is exacerbated for people from minority backgrounds and ethnicities, who have been discriminated against for generations with various types of biased housing policies and access to finance. ..

What it does

FairhouseCoin addresses these issues by using anonymization and blockchain technology to bring a fairer, more equitable and more efficient housing market to all.
Using Fairhousecoin, an investor can buy into a mortgage instruments which combines houses from the most expensive and least expensive areas into a single instrument, thus amortizing the risk and making the scheme profitable. This then reduces the burden on potential homebuyers who can then use fairhousecoin tokens to apply for mortgages.

uniswap video

https://www.youtube.com/watch?v=R7ZeQBucBik

How we built it

FairHouseCoin (FHC) is an ERC20 token which can be traded for Eth on Uniswap. This allows multiple people to have joint possession of a property fractional income sharing. The FHC Eth trading pair was setup on Uniswap, the housing and mortgage data was taken from datasets published by the Fed and Zillow and stored on cockroachdb. The frontend allows ap applicant to apply for a mortgage and transforms this application into an anonymized FHC mortgage.

Challenges we ran into

Synchronization and integration. Uniswap was new to all of us and we are all located remote to each other,

Accomplishments that we're proud of

Working prototype on a new technology

What we learned

There is an absolutely ridiculous amount of bias in the housing industry both at the private and at the policy level

What's next for FairHouse

Address issues of accessibility to housing markets by introducing mainstream or stablecoin swap pairs

Built With

• python
• react-native