Unlocking the Future of Real Estate with Cross-Chain Tokenization

The problem Neth solves

Neth is designed to tokenize real estate assets using NFTs (non-fungible tokens) and facilitate cross-chain transfers of these NFTs. This contract integrates several advanced features and libraries to provide robust functionality, including:

• ERC721 standard from OpenZeppelin for NFT implementation.
• Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for cross-chain messaging.
• Chainlink’s FunctionsClient for off-chain data retrieval and computation.
• SafeERC20 operations for secure token transfers.
• ReentrancyGuard for reentrancy protection.

Challenges you ran into

We ran into various technical challenges during smart contract development. Here are some of the key challenges we faced: Cross-Chain Functionality:

• Consistency and Synchronization: Maintaining data consistency across multiple chains and synchronizing state changes.

• Cross-Chain Relays: Setting up reliable and secure cross-chain relays to ensure messages are accurately and promptly transmitted between different blockchain networks.

• Handling Failures: Implementing graceful handling of message or transaction failures across chains.

Technology used

solidity, hardhat, openzeppelin, nextjs