Advisory Center for Affordable Settlements & Housing

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Edited By Saba Bilquis
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UK – The Blockchain-Based Solution to the Global Housing Crisis

The main aim of Ehab is to revolutionize the way we create, design, fund and think about urban places. The global housing crisis is a problem which requires a holistic approach; that enables thriving communities to be established whilst raising the standards of house building across the board. We intend to achieve this by transitioning the residential house building sector from a centralized, unsustainable, profit driven sector. To one which is led by people. To one which maximizes human well-being, minimizes impact on the environment and allows for a more equitable distribution in the financial gains of housing. Solving the global housing crisis is not as simple as building cheap housing. We want to create a digital framework which is flexible enough to deliver solutions of all kinds to all the different nuanced problems stopping thriving sustainable communities to emerge and flourish. The creation of new cities will eventually have to happen. The human population is rapidly urbanizing and rising sea levels could see the many low lying cities made uninhabitable in the next 100-200 years. A city is an incredibly complex entity of needs and different incoming and outgoing resources. But we now know more than ever about what makes a livable urban environment and what makes a poor one. Many of our current cities fall into this secondary category just because of the historical and cultural evolution they have been through. Any future city must meet the needs of its inhabitants, and enable them to flourish, whilst also allowing for citizens to have an equitable say in how it is developed and it’s continuing evolution. The platform is the blockchain based system which will decentralize the creation and financing of urban environments. Using a combination of blockchain and other technologies the platform collects demand data, automatically matches users to housing projects based on this data, empowers a group of total strangers to co-design a project and reach consensus. It then facilitates the build process where we can make time and costs efficiency savings for the build process and we provide the funding environment for these projects through global and borderless crowdfunding. The platform collects detailed housing demand information from people wanting and needing housing. This information is used to automatically match you to relevant developers and projects in the areas you want to live. The platform dynamically updates the information about both supply and demand meaning we can accurately address inefficiencies and improve housing supply from a position of complete knowledge over what is needed.

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