Fact sheet: The Blockchain Secured Data Room
Drooms is the first to introduce blockchain technology to the real estate and M&A transaction business. Drooms is substituting traditional archiving, that comes in the form of DVDs, CDs, USBs and hard drives, with secure data rooms validated via blockchain for the legal guarantee phase of a transaction.
Drooms is also offering to store the data for a fee for the duration of the warranty period. The data room can be reactivated at any time as it was at the time of archiving and can be verified using a unique blockchain record. This process guarantees the authenticity and contents of the data room archive. No more mess with DVDs and lost data.