The housing market, valued at trillions of dollars, is one of the largest global industries. However, it continues to be affected by lack of liquidity, inefficiencies, and paper-based processes, which not only delay transactions but also increase the susceptibility to fraud.

This thesis presents a decentralized real estate market that uses Distributed Ledger (DLT) technology to offer a secure, efficient, and transparent Decentralized Finance (DeFi) platform for handling Real-World Asset (RWA) token transactions. The market is implemented with the Digital Asset Modeling Language (Daml) as a smart contract language over the Canton protocol, facilitating authenticated real estate transactions between users.

In this system, there are three types of users: sellers, who list their properties; buyers, who browse the market to acquire properties; and an operator, who acts as administrator, reviewing and approving listings before being integrated into the market. In addition, system user authentication uses Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) through the Walt.id API services, while user profiles and property images are stored in a Decentralized Data Storage (DDS) solution using the Interplanetary File System (IPFS).

Thus, the system allows digital transactions, eliminating intermediaries and addressing traditional problems in the sector, such as fraud, inefficiencies, and lack of liquidity, offering a decentralized and optimized solution.

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