Fantom and Tosei partner to drive blockchain real estate services

Fantom, a DAG-based smart contract platform for real-time cryptocurrency payments, has today announced a strategic partnership with real estate firm, Tosei. Managing approximately $5.5 billion USD in assets, Tosei will benefit from the application of Fantom’s Opera Chain to digitize and transform its services from the tracking of materials to the storing of property ownership contracts.

A long-standing leader in real estate, Tosei will connect Fantom with local businesses and corporations throughout Japan to introduce and accelerate the adoption of Fantom tokens across services such as real estate development, rental management, as well as funding and consulting services.

Founded in 1950, Tosei Corporation heralds in a new era of real estate management with its commitment to monozukuri, the Japanese tradition of working with a true craftsman’s mindset. Today, the company has established five synergized business verticals under its portfolio including; Revitalization, Development, Rental Business Fund, and Consulting, as well as Property Management. Based in Japan, Tosei Corporation has been listed on the Tokyo Stock Exchange and the Singapore Exchange.

In addition to the collaboration with Tosei, Fantom has recently announced a partnership with Danfoss, a multi-billion dollar corporation and giant in the efficient energy and IoT infrastructure industry. As the leading manufacturer of products and services used in a variety of cases such as cooling food, air conditioning, and heating buildings, its strategic alliance with Fantom allows for the realization of smart and energy-efficient solutions in everyday life. Similarly, Fantom’s establishment of a direct partnership with Tosei Corporation will continue to scale the ecosystem in terms of implementation of the technology as network effects of the partnerships take place.