After back-to-back home-buying nightmares — where predatory practices left Louis Byrd with mounting bills from unexpected repairs — the Kansas City entrepreneur and creative force plans to launch a new blockchain-infused solution to increase transparency for homebuyers.
The first tech product from Byrd’s Zanago Design, Kataba is expected to allow potential buyers to verify titles, repairs, and warranties before making an offer. Set to launch in spring 2023, Kataba is expected to feature a marketplace built on blockchain technology for buyers and sellers to search and post properties.
“It’s almost like the real estate equivalent of Carfax,” said Byrd, detailing the use of Kataba’s digital ledger — called lejablox — to see what work has been done on the house in question.
The self-funded project follows two recent experiences where the Byrd family found themselves burned by contractors, lenders and sellers who hid significant problems with the houses they were unloading.
Byrd and his...
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