QLZH Group is hub for blockchain, cryptocurrency commerce

24-11-2017 - By: Marco Schembri

The Quicklets and Zanzi Homes (QLZH) group describe themselves not as estate agencies but as prop-tech companies. With the union of technology and property, their specialisation subsists in software and real estate.

Steve Mercieca, the group’s CEO, explained how the companies differed from others as “sophisticated software development is central to us. We have designed our own back-office system from the ground up, developed our Virtual Agent system and have established strategic business systems alongside contemporary technological advance in the branches of marketing, HR and administration. We are now embracing blockchain technology and have recently installed a bitcoin ATM in our main Zanzi Homes office, in partnership with an Italian company.”

He added: “We are aiming to install one in all our branches, so as to put us on the bitcoin map. The QLZH group is focused on being the real estate agency to go to when using these new cryptocurrencies in the property industry. Incorporating the financial exchanges of the digital age, we anticipate clients who will want to use such currencies for trade, as well as for property payments. Such a technology promises anti-fraud measures, in encrypted and transparent data flow, decentralising deposits by working through peer-to-peer connections.”