Shinoken Group Electronic contract platform “Trust DX” exceeds 1,000 cumulative usages

[Shinoken Group] Electronic contract platform “Trust DX” exceeds 1,000 cumulative uses ​
Shinoken Group Co., Ltd. Press release: September 27, 2024 [Shinoken Group] Electronic contract platform “Trust DX” exceeds 1,000 cumulative usages Shinoken Group Co., Ltd. (Tokyo Headquarters: Minato-ku, Tokyo, Representative Director, President and CEO: Hideaki Shinohara, hereinafter collectively referred to as the “Our Group”) is an electronic contract platform linked to the My Number Card provided by the Shinoken Group. We are pleased to announce that the total number of real estate sales contracts using “Trust DX” has exceeded 1,000*1.
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■ Achieving highly transparent electronic contracts in real estate transactions Trust DX is an electronic contract platform that works with the My Number Card and was developed based on our group’s real estate transaction experience spanning over 30 years since our founding, with the aim of realizing highly reliable and safe real estate sales contracts. Traditionally, real estate transactions were analog, but with the revision of the Real Estate Transaction Business Act in May 2022, it has become possible to conduct real estate transactions online by combining it with the emphasis on IT. The apartments and condominiums sold by our group are primarily aimed at office workers who are new to real estate investment, so moving online will not only improve efficiency and convenience, but also ensure safe and secure real estate transactions. It was important to us to be able to provide an experience. Trust DX, which began trial operation in July 2021 in preparation for reforms to the real estate transaction industry, is the first in the industry to simultaneously perform “identity verification” in conjunction with the My Number card and “intent verification” using multi-factor authentication. We have realized safe real estate sales contracts that prevent “spoofing” and “falsification,” and the cumulative number of transactions has exceeded 1,000*1. In addition, going paperless has reduced the amount of paper used by a total of approximately 350,000 sheets*2, weighing approximately 2 tons*2, and has significantly improved operational efficiency. As of the end of August 2024, the annual average usage rate in 2024 has reached over 90%*3, and the shift from paper-based contracts is steadily progressing.
https://prcdn.freetls.fastly.net/release_image/46438/70/46438-70-152cd74b81b92a42dfd598232059c4c7-1599×246.png ■ Features of Trust DX ・Safe and easy identity verification Through public personal authentication and multi-factor authentication using the digital ID app (xID) linked to My Number Card, ​ ​ Complete identity verification safely and easily, eliminating “spoofing” and “falsification.” ・Smart contract experience regardless of location ​ It is also compatible with smartphones, so you can sign up for it anywhere. Also, there were many related documents and it was complicated ​ ​ You can complete your signature and seal on documents with the touch of a button, providing a smart contract experience. ・Bulk management of contract documents ​ Our group provides one-stop resources such as real estate sales contracts, rental management, and rent guarantees. ​ ​ Centrally manage various contract-related documents for production production in a secure environment. If you access Trust DX, ​ ​ You can check your documents at any time. ■ No.1 investment apartment development record for 9 consecutive years Shinoken Produce Co., Ltd., a subsidiary of our group, has been ranked No. 1 in Japan*4 for nine consecutive years in terms of the number of investment apartments it develops in-house (properties that are handled in-house from the site selection and purchasing stages). Our group promotes reliable transactions as an industry leader in the development and sale of investment real estate. In the future, we will continue to expand asset building (apartment/condominium management) through safe, secure, and highly transparent contracts, and utilize technology to create an environment for real estate transactions that balances safety with improved convenience. Masu. *1) Cumulative number of real estate sales contracts using Trust DX *2) Based on our standards. Calculated based on the reduction in the amount of paper generated in real estate sales contracts *3) Percentage of real estate sales contracts from January 2024 to August 2024 that used Trust DX *4) National Rental Housing Newspaper Ranking of number of buildings started from 2015 to 2019 and number of completed buildings from 2020 to 2023