Research into Applying Blockchain Technology to Real Estate Transaction Authentication and Settlement Systems
First written in FY2017-Q2. 6 of 13 entries say "Dropped", first in FY2019-Q1. Latest entry: FY2025-Q1.
No other company in this theme has enough history to compare yet.
- FY2025-Q1DroppedAnnual report
「Not applicable.」
The research and development activities section states that there were no applicable activities and contains no mention of research and development into blockchain or other technologies. - FY2022-Q1DroppedAnnual report
「Not applicable.」
The research and development activities section states that there were no applicable activities, and continues to contain no mention of research and development into blockchain or other technologies. The termination of the research itself is not explicitly stated. - FY2021-Q3DroppedAnnual report
「Not applicable.」
The research and development activities section states that there were no applicable activities, and continues to contain no mention of research and development into blockchain or other technologies. - FY2020-Q1DroppedAnnual report
「Not applicable.」
The research and development activities section for the quarter states that there were no applicable activities, and contains no mention of the blockchain research, including ADRE, reported in the previous period. The termination of the research itself is not explicitly stated. - FY2019AdvancedAnnual report
「During the current consolidated fiscal year, as part of its research into using blockchain technology in real estate transactions, the company joined the Association for the Development of Real Estate Information (ADRE) as a member company in November 2018 and began researching potential applications, including ensuring the authenticity of real estate advertising information and recording tamper-resistant histories.」
Research into blockchain, for which disclosure had temporarily ceased, resumed with the company's participation in the Association for the Development of Real Estate Information (ADRE) from November 2018 and the launch of research into applications including ensuring the authenticity and tamper resistance of advertising information. - FY2019-Q3DroppedAnnual report
「Not applicable.」
The research and development activities section continues to state that there were no applicable activities, and this report also contains no mention of research and development into blockchain or other technologies. - FY2019-Q1DroppedAnnual report
「Not applicable.」
The research and development activities section for the quarter states that there were no applicable activities, and this report contains no mention of the previously reported research and development into blockchain technology. The termination of the research itself is not explicitly stated. - FY2018-Q3RestatedAnnual report
「The company also verified that combining other technologies with blockchain features such as multisignature authentication and high traceability could help deter criminal acts such as fraud and impersonation, which are key issues in non-face-to-face settlement of real estate transactions. The company will continue researching blockchain and other technologies that could help streamline real estate transactions and improve their convenience and security.」
The verification of the deterrent effect against criminal acts through blockchain multisignature authentication, high traceability and combinations with other technologies, as well as the policy of continuing research into related technologies, has been reconfirmed. - FY2018-Q2AdvancedAnnual report
「The company also verified that combining other technologies with blockchain features such as multisignature authentication and high traceability could help deter criminal acts such as fraud and impersonation, which are key issues in non-face-to-face settlement of real estate transactions. The company will continue researching blockchain and other technologies that could help streamline real estate transactions and improve their convenience and security.」
The company newly disclosed that it had verified the deterrent effect of combining multisignature authentication, high traceability and other technologies against fraud, impersonation and similar acts. It plans to continue researching related technologies. - FY2018-Q1AdvancedAnnual report
「The company completed the research it had conducted since May 2016 into purchases and sales related to real estate transactions and the associated settlement and transfer of rights using blockchain technology, as well as the proof-of-concept testing conducted with a system using blockchain technology. This initiative clarified the advantages and disadvantages of using blockchain for real estate transaction settlement and rights transfers to operate 24 hours a day, 365 days a year, without face-to-face interaction, as well as the issues to be addressed going forward.」
Research into real estate transactions using blockchain and the proof of concept were completed, clarifying the advantages, disadvantages and future issues associated with 24/7 operation and non-face-to-face transactions. The company plans to continue researching related technologies. - FY2017RestatedAnnual report
「Research and development expenses for the current consolidated fiscal year totaled ¥16.340 million and comprised software development and consulting costs. The company continues to research and develop the potential application of blockchain technology to authentication and settlement systems for real estate transactions, with the aim of streamlining purchases and sales, related settlement and the transfer of rights, and reducing the administrative burden on the parties involved.」
Research into applying blockchain technology to authentication and settlement in real estate transactions continued, and the company disclosed total research and development expenses of ¥16.340 million for the current consolidated fiscal year, comprising software development and consulting costs. Discussions with financial institutions and systems development companies and preparations for launching a proof of concept also continued. - FY2017-Q3RestatedAnnual report
「The company continues to research and develop the potential application of blockchain technology to authentication and settlement systems for real estate transactions, with the aim of streamlining purchases and sales, related settlement and the transfer of rights, and reducing the administrative burden on the parties involved.」
Research into applying blockchain technology to authentication and settlement in real estate transactions continues, as do discussions with financial institutions and systems development companies and preparations for launching a proof of concept. - FY2017-Q2First statedAnnual report
「Beginning in the first six months of the current fiscal year, the Group commenced research and development into the potential application of blockchain technology to authentication and settlement systems for real estate transactions, with the aim of streamlining sales and purchases, related settlements and transfers of rights, and reducing the administrative burden on the parties involved. Blockchain is a distributed, or decentralized, system in which users monitor one another. The Company believes that blockchain technology could make a significant contribution to improving the convenience, rationality and security of real estate transactions. During the period, drawing on the expertise, networks and proof-of-concept environment accumulated through its BPO and escrow services businesses, the Company held discussions with financial institutions and system developers and worked toward launching a proof of concept.」
The Company began researching the application of blockchain to authentication and settlement in real estate transactions and is pursuing discussions with financial institutions and system developers toward a proof of concept.