Chief Business Strategist Hriday Sarma and CEO Keith Hilden pose for a photo-op in front of a banner at the Blockchain Summit in Hong Kong on Feb. 28. Relex was a gold-level sponsor of the event. Hilden spoke to an audience at a 20-minute presentation that addressed blockchain application in real estate.

Relex Development CEO Keith Hilden addressed audiences at the Hong Kong Blockchain Summit at Cyberport 3 on Feb. 28.

His speech, Blockchain’s Impact on Commercial Real Estate Investment: Increasing Transparency and Accountability in Developing Nations, addressed the disruptive role that Relex’s application of blockchain technology could have on real estate investment and development.

After the speech, the forum opened to a Q&A session. At the onset of the Q&A section, an attendee (who was also a speaker at the event) stood up and proposed to work with Relex on a $500 million USD casino deal.

The Q&A moderator, surprised by the sudden business dealing during the session, said that the proposal was “unusual” but allowed it to continue.

Blockchain applications of real estate benefit greatly from the intrinsic qualities of electronic ledgers: easy cross-border payments and improved transparency. Relex’s RLX token runs on the Ethereum network.

After discussing during the Q&A, the conversation continued and the Relex team is currently discussing the possible agreement with the individual who proposed collaboration.