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ArEstate

Real estate:tokenize properties, manage leases & automate payments with ERC-3643 compliance

Problem Statement

rayState ArEstate is a comprehensive blockchain-based platform that revolutionizes real estate investment and management through property tokenization and smart contract automation. Built for the Integra Chain ecosystem, the platform enables fractional property ownership, compliant lease management, and automated payment processing.Core Features: šŸ  Property Tokenization: Transform real estate into ERC-3643 compliant security tokens, enabling fractional ownership and seamless trading while maintaining regulatory compliance across different jurisdictions.šŸ‘„ Identity & Compliance: Integrated KYC/AML system with role-based access control, ensuring all participants meet regulatory requirements before engaging in property transactions.šŸ“‹ Smart Lease Management: Automated lease agreement creation, status tracking, and dispute resolution with immutable record-keeping for transparent landlord-tenant relationships.šŸ’° Escrow & Payment Automation: Secure security deposit handling and automated rent collection with support for both cryptocurrency and fiat payment rails through Integra's payment bridge.šŸ”’ Regulatory Compliance: Built-in compliance engine that enforces transfer restrictions, holding periods, and jurisdictional rules required for security token regulations. The platform addresses key pain points in traditional real estate: lack of liquidity, high barriers to entry, manual paperwork, payment disputes, and compliance complexity. By leveraging blockchain technology, KrayState creates a transparent, efficient, and accessible real estate ecosystem where properties can be easily fractionalized, traded, and managed with minimal intermediaries.

Solution

Solidity 0.8.20 with optimizer enabled for gas efficiency OpenZeppelin v5.0.1 for battle-tested security patterns (AccessControl, ReentrancyGuard, Pausable) ERC-3643 (T-REX) Standard implementation for compliant security tokens Hardhat v2.19.0 development framework with comprehensive testing suite Core Contract Architecture:PropertyToken.sol - The centerpiece implementing ERC-3643 standard for compliant property tokenization with transfer restrictions and compliance checks IdentityRegistry.sol - KYC/AML management system with role-based permissions for identity verification Compliance.sol - Regulatory engine enforcing transfer rules, blacklist management, and jurisdictional compliance LeaseAgreement.sol - Complete lease lifecycle management with automated status tracking and dispute resolution EscrowPayment.sol - Secure payment handling with SafeERC20 integration for automated rent collection and security deposits Notable Technical Implementations šŸ”§ Hacky/Notable Solutions:Custom ERC-3643 Implementation: Built a complete ERC-3643 compliant system from scratch rather than using existing libraries, allowing for custom compliance rules and seamless integration with our identity system.Modular Compliance Architecture: Created a plug-and-play compliance system where different regulatory rules can be applied per jurisdiction without contract upgrades.Automated Payment Subscriptions: Implemented a subscription-based payment system that can handle both crypto and fiat payments through Integra's bridge, with automated execution and failure handling.Role-Based Multi-Contract System: Designed an interconnected role system where permissions cascade across all contracts, allowing for unified access control while maintaining contract modularity.Development Process & Challenges The Journey:Started with legacy broken contracts that had multiple compilation errors Attempted incremental fixes but realized a complete architectural rewrite was more efficient Rebuilt entire system from scratch with clean separation of concerns Implemented comprehensive test suite with 11 integration tests covering complete workflow Achieved zero compilation errors and 100% test passing rate Gas Optimization Strategies:Used struct packing to minimize storage slots Implemented batch operations for multiple token transfers Optimized event emission patterns for cost-effective historical tracking Applied Solidity 0.8.20 optimizer with 200 runs for production deployment Security Measures:Applied ReentrancyGuard on all state-changing functions Implemented comprehensive input validation and overflow protection Used SafeERC20 for all token operations Added emergency pause mechanisms across all contracts Extensive event logging for transparency and auditability Partner Technology Integration:Integra Chain: Leveraged Integra's RWA Asset Passport for property metadata and Global Orderbook integration for secondary market trading OpenZeppelin: Used battle-tested libraries for security and access control rather than rolling custom solutions Hardhat: Provided robust testing framework and deployment pipeline for multi-network deployment The platform represents a complete rebuild approach where we prioritized clean architecture and comprehensive testing over quick fixes, resulting in a production-ready system with enterprise-grade security and compliance features.

Hackathon

ETHGlobal New Delhi

2025

Contributors