aXpire, an ERP SaaS company offering a suite of products to increase the efficiency of service spend announced that it is partnering with Block66, a blockchain mortgage platform. Block66 is building a blockchain-powered mortgage platform that streamlines and organizes the facilitation of residential and commercial financing.
The strategic partnership will consist of a close working-relationship within both marketing, legal and other applicable sectors between the two projects. As a different side of the partnership, aXpire will also be working closely with the Block66 team of experienced entrepreneurs and industry professionals to find new areas of overlap and cooperation.
The aXpire team said:
“With this partnership, the overall aim is to cooperate with Block66 on shaping and forming the landscape of important real-world use and application of blockchain technology, ushering in the adoption of revolutionary platforms that utilize it.”
Block66 will be a platform where lenders can access a marketplace of vetted borrowers looking for mortgage finance. This marketplace is public, transparent, and highly automated, so lending is streamlined, with lower costs, and lower risks. Each loan is represented as a pool of “proof of loan” (PoL) tokens that can be individually resold to investors, providing lenders with liquidity, and empowering a diverse pool of investors.
The pre-sale for Block66 will begin in July with the main-sale scheduled to be held two weeks after.