Charles Miller is once again exploring innovative ventures in the Block Dojo incubator program on this week’s CoinGeek Conversations. Rafaela Azevedo’s The Chain Academy trains developers for Web3; Kenneth Kelly's Revested streamlines real estate transactions; and Marcus Odubonojo's Motion Shield simplifies car accident reporting— all showcasing the potential of blockchain technology.
Kicking off our series of interviews, we begin with Rafaela Azevedo, the founder of The Chain Academy, who takes a unique approach to training developers for the rapidly evolving Web3 space. Rafaela’s journey into the tech industry is influenced by her tech background, as she explains that “all my family is in tech."
Her parents, both developers, played a significant role in shaping her passion for technology. Growing up surrounded by the world of coding, Rafaela embarked on her coding journey at a very young age. "I was coding when I was six years old with my dad. I just got really passionate about the idea and just went for it," she recalls.
The Chain Academy is an educational platform for developers entering Web3. The training program not only focuses on individual skill development but also aims to link developers with potential employers. “They are going to be skilled up to collaborative commercial projects where they can actually have their first experience and create a portfolio," she notes.
The Chain Academy offers a unique learning experience with a step-by-step approach, short videos and text, catering to individuals with varying attention spans. In addition, AI technology will be used to provide instant feedback to developers, assessing their strengths and areas for improvement.
The Chain Academy’s roadmap includes a commitment to addressing various blockchains, starting with Solidity and Ethereum and expanding to others such as the BSV Blockchain. As for the company’s revenue model, Rafaela says it will include a subscription model for developers and fees for businesses posting projects.
Next was Kenneth Kelly's Revested, a blockchain-based business that aims to simplify and expedite the process of buying and selling houses. Kenneth is keen to point out that Revested utilizes blockchain technology to eliminate old practices in the real estate industry. "The problem in the industry, going back to my grandfather's time, would be that one in three property sales fall through, and on average, it takes between three and six months. So, you know, huge problem within the space."
Revested addresses these challenges by streamlining mundane processes, especially with compliance and regulation. As Kenneth explains, "KYC when you come on to Revested is simple.. you enter your name, email, passport, and take a photograph of yourself. We then upload your property title deeds, which we can cross-check using machine learning against the land registry document."
Blockchain technology will be used in the digital exchange for property transactions. "We're building a custom layer two platform, essentially a digital exchange to connect a wallet dependent upon the currency and to be able to trade that currency in and out of the exchange."
Kenneth envisions a future where property tokenization enables instantaneous transactions. "You could be down in the pub on a Friday, and you could be selling your property in minutes instantly," he says.
However, Charles raises concerns about the potential risks and the necessity for a thoughtful decision-making process in real estate transactions. Kenneth responds by highlighting the role of machine learning in scanning title deeds for underlying issues, saying, "there's new machine learning models that are really pushing boundaries within the legal space."
When asked about the business model, Kenneth explains "we would take a percentage of transaction fees based o