Etherspot & Rooba Finance: Transforming Real Estate Tokenization with Account Abstraction

Etherspot & Rooba Finance: Transforming Real Estate Tokenization with Account Abstraction

Written by

Alexandra

July 25, 2024

One of the most intriguing developments in the real estate space is the adoption of blockchain technology, specifically tokenization, which is gaining traction across the industry. Rooba Finance is a real-world asset tokenization platform committed to creating the world's first on-chain financial institution.

Rooba Finance envisions a future in which permissioned public networks become the foundation of a new, globally interconnected financial system. Their platform aims to bridge the gap between traditional finance and blockchain, making the latter more accessible to major financial players. With limited use authorization from the International Finance Corporation of India and as a founding member of ERC-3643, Rooba Finance is well-positioned to lead this transformational journey.

User onboarding in the Web3 space has often been cumbersome, even for tech-savvy individuals. At Etherspot, we are dedicated to advancing blockchain adoption in the real estate industry by providing a seamless user experience. Through the integration of Etherspot’s AA Prime SDK, Skandha Bundler, and Arka Paymaster, Rooba Finance is set to deliver an unparalleled Web3 experience to their platform users, allowing them to focus entirely on their investments.

“Etherspot has enabled us to rapidly test new MVP with their lightweight and easy-to-use AA infrastructure, which perfectly meets all our needs.” — Sidharth Muraly Nair, Product Manager at Rooba Finance.

The integration of Etherspot’s infrastructure into Rooba Finance’s platform brings numerous benefits for users such as Web2-like onboarding via social media accounts, smooth interactions with transactions — without the need to handle gas fees, transaction batching to simply perform multiple transactions in a single one and a seamless cross-chain experience.

This collaboration opens up new opportunities for the real estate industry and makes blockchain technology more accessible and user-friendly. You can explore how it works with the Ram Rattan Group’s Alwar project ‘Green Steps’ which already lives on the Rooba Tradecentre.


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