Can Radix (XRD) make money from Centralized Data Collection and Analysis?

Radix (XRD) is a blockchain technology company that provides business information services to the multifamily housing industry.

Radix offers a blockchain cloud-based market research platform. The platform’s purpose is to offer centralized data collection and analysis tools for the multifamily industry. To elaborate, multifamily refers to apartment houses and other multifamily housing solutions.

Radix is building a shared-data ecosystem by offering proprietary solutions that pull data from assets. Moreover, they claim Radix’s platform can integrate with property management software. For example, Radix’s platform could collect rent data from dozens of apartment houses or mobile home parks.

How Radix Decentralizes Multifamily Data

One goal at Radix (XRD) is to eliminate expensive centralized management infrastructure, such as data centers and accounting. Instead, a company’s management can decentralize data collection across many offices.

Radix provides a dashboard and reporting tools that let managers at corporate and onsite managers share and manage data. They claim the dashboard lets users analyze market trends, identify emerging threats and opportunities, and benchmark performance against…