hackquest logo

FOUNDRA

From Indonesia to the World: Democratizing Real Estate Investment Through Blockchain

Videos

Tech Stack

React
Solidity
Web3
Node

Description

FOUNDRA — From Indonesia to the World: Democratizing Real Estate Investment Through Blockchain

What it is
FOUNDRA is a compliance-aware, on-chain financing protocol for real-world asset projects (starting with real estate / construction). It combines AI risk scoring + verifiable on-chain status to help investors fund projects more transparently and help project owners access capital faster.

Problem
Construction/real-estate financing is often slow and trust-heavy:

  • Hard to verify project legitimacy and progress

  • Investors can’t easily monitor risk and milestones

  • Reporting is opaque, fraud risk exists, and cross-border capital is messy

Solution
FOUNDRA standardizes the flow: verify → score → fund → track.

  • Project owners onboard and submit documents & project details

  • An AI model generates a risk score and key signals (explainable factors)

  • Verified projects become eligible for transparent funding

  • Key lifecycle events are recorded to create auditability and reduce “trust me bro”

How it works (Flow)

  1. Project Owner Onboarding: register project + identity/business verification (KYC/KYB modular per region)

  2. AI Scoring: risk score based on project/issuer signals (e.g., timeline, budget structure, track record, documentation completeness)

  3. Funding: investors fund using stablecoins (asset-agnostic settlement)

  4. Progress Tracking: project updates/milestones are recorded (on-chain events + off-chain proofs) for transparency

Why AI here matters
AI helps convert messy, real-world project data into a standardized risk signal so investors can compare opportunities and understand risk faster—while on-chain records keep the process auditable.

What we built during the hackathon

  • Project registration + issuer onboarding flow

  • AI scoring pipeline integrated into the onboarding / listing process

  • Funding flow + investor dashboard/proof of participation

  • On-chain events or verifiable proofs for key status changes (e.g., verified/active/fundable)

Tech (high-level)

  • Smart contracts: registry + funding modules (EVM)

  • Frontend: Web app + wallet connect

  • Supabase Edge Functions: scoring + verification orchestration

  • Storage: off-chain docs (privacy) + on-chain proofs/events (auditability)

Progress During Hackathon

1. Built onboarding + AI risk scoring for construction projects. 2. Deployed registry + funding smart contracts on testnet. 3. Integrated investor funding flow with wallet UX and on-chain event tracking. 4. Delivered a working demo (project listing, score, funding status, transaction history).
Team Leader
HHafiidh Luqmanul Hakim
Project Link
Sector
RWAAI