Johannesburg – South Africans in rural and towns can realize the value of their home investment through E-Deed, a blockchain-driven digital solution that certifies property values, providing homeowners with a safe and recognized proof of ownership and improvement.
“We're looking forward to seeing you in the future,” said GG Alcock of Kasinomics, co-founder of E-Deed.
“For example, using e-deed valuation technology in 2010, the value of Soweto homes exceeded R103 billion, and by 2024 it reached R116 billion.
“This is not appreciation, but a R13 billion increase in physical investments in improving and expanding the home.
“In a sample of 13 townships, the home was worth R237 billion in 2010. By 2024, this had grown to R277 billion, an investment of R40 billion by homeowners.
“This assessment process can be done by E-Deed on a home-by-home basis.
“However, the value they created is hardly realized because traditional valuation models were unable to recognize these investments and there was no tool to make this assessment. E-Deed changes by providing a secure, accessible and reliable solution that allows e-owners to unlock the true value of their assets and leverage their assets for financial growth.”
Developed by Afrireant Holdings and Kasinomics, E-Deed tackles the South African property rights challenge, which has long excluded millions from the financial system.
Despite the large investments through Stokvels, Microloans and Incremental Upgrimages, banks and insurance companies rarely recognize these improvements, real estate is undervalued and owners have no access to loans or insurance.
“Homeownership is a powerful factor in wealth, but many people struggle to lock their property potential completely. E-Deed offers a simple, transparent solution to establish value and access financial services.”
“For the R300, homeowners have the ability to recognize evidence of value and ensure the most valuable assets.”
e-deed uses AI, satellite imagery and blockchain to assess actual market value, filling the gap between informal ownership and formal finance. Homeowners can register their property online, submit documents and photos, and receive a certification rating within 24 hours with an R300 response fee.
Senzo Tsabedze, Executive Group Chairman of Afrireant, said:
“This platform ensures they are no longer excluded from the economy.”
With e-deed, underserved homeowners in South Africa can ultimately prove, protect and thrive from their investment.
*This article was first published in sister publication techfinancials.co.za
