UK

TDS invests in blockchain-based property portal Openbrix

blockchain-based property

TDS has worked with OpenBrix to develop original tenancy deposit management features, enabling TDS tenants to manage their deposits within the app free of charge anytime, anywhere

The Dispute Service (TDS) has invested in blockchain-based property portal OpenBrix and also agreed a licensing deal that will see the ‘tlyfe’ app launched to its tenants across the UK later this year.

TDS has worked with OpenBrix to develop original tenancy deposit management features, enabling TDS tenants to view and manage their deposits within the app free of charge anytime, anywhere.

Tenants who download the tlyfe app will also be able to access a broad range of features being developed by TDS and OpenBrix.

Steve Harriott, Group Chief Executive at TDS, says: We’re thrilled to be partnering with OpenBrix to help develop tlyfe, an exciting new tenant app to help tenants manage their deposit and their renting experience. The investments we make are all about driving innovation, and ultimately making life easier for our customers.

We’re really looking forward to working with the team at OpenBrix to put tenants across the UK in control of all their property needs using tlyfe, he said.

Adam Pigott, Chief Executive at OpenBrix, adds: This is an exciting day for OpenBrix. Our team has worked tirelessly to develop the technology needed to better serve the property sector.

We can’t wait to share it with tenants across the UK. Having a distribution deal and strategic partnership with TDS will bring tlyfe to potentially millions of tenants. With their expertise in the PRS, and our industry leading technology, we believe we can connect all elements of the property market, he said.

As well as tlyfe the OpenBrix platform offers openflo, an interactive tenant onboarding system; search, a smart dynamic property search portal and MLS, a multi-listing system to share properties with other estate agents.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Invest for Property. The information provided on Invest for Property is intended for informational purposes only. Invest for Property is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

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