How Olumide Ogungbemi is Revolutionising the Real Estate Sector with Digital Operating System

By Sunday Ehigiator

In the complex terrain of Nigeria’s real estate sector, where land documentation is often fragmented, title verification is prone to manipulation, and property transactions are hampered by inefficiencies, one name is emerging as a quiet revolutionary: Olumide Ogungbemi.

A blockchain strategist and digital privacy advocate with deep roots in Nigeria and professional experience bridging continents, Olumide is leading a technological transformation in property systems that could redefine how land is registered, transferred, and secured in Nigeria—and possibly inspire the UK’s next phase of digital property innovation.

At the heart of Olumide’s mission is a clear vision: to introduce transparency, efficiency, and data privacy into real estate transactions through blockchain technology and smart contract frameworks.

As the founder and Business Director of Tee Concept Developer Ltd., a forward-thinking property firm based in Nigeria, he spearheads the development of the Secured Real Estate Digital Operating System (Real Estate OS), a platform designed to digitize and automate property transactions while ensuring compliance with international privacy regulations.

This system is not theoretical. Built on permissioned blockchain architecture, it integrates smart contracts, zero-knowledge proofs (ZKPs), and privacy-enhancing cryptography to address some of the most persistent issues in Nigerian land management: forgery of deeds, opaque ownership trails, long processing cycles, and legal disputes stemming from inconsistent records.

By enabling a secure, immutable, and auditable ledger for land records, Real Estate OS offers a compelling solution to a problem that has long stifled investment and development in the region.

But Olumide’s contributions don’t stop at technology deployment. He is a prolific researcher whose published works, such as “Smart Contracts Management” and “The Role of Zero-Knowledge Proofs in Blockchain-Based Property Transactions,” offer both academic and practical insights. These studies examine the trade-offs between privacy and cost in smart contracts, demonstrate how blockchain can satisfy GDPR-level data protection standards, and recommend scalable, decentralized frameworks that legal authorities can trust.

What makes Olumide’s work particularly groundbreaking is his balance of technical innovation and regulatory foresight. In Nigeria, where land tenure systems are historically decentralized and often disputed, his blockchain models allow for digitized land registries that are tamper-proof and accessible only to authorized stakeholders. By embedding compliance mechanisms like AML (Anti-Money Laundering) and KYC (Know Your Customer) protocols within smart contracts, he ensures that the system is not only technologically sound but also legally enforceable.

And in this lies a unique opportunity for UK policymakers and property innovators. The United Kingdom is already exploring blockchain-enabled land registration through HM Land Registry’s Digital Street initiative, yet privacy and scalability remain stumbling blocks.

Olumide’s integration of ZKPs—which allow property buyers and sellers to verify ownership or financial readiness without revealing sensitive details—presents a mature solution to the UK’s dilemma of balancing transparency with GDPR compliance.

His approach resonates with the UK’s aspirations for PropTech leadership. According to his recent study, ZKP-enabled systems can boost property transaction privacy from 48.3% to over 92%, even if at a marginal computational cost. His proposed use of zk-Rollups—a Layer-2 blockchain solution—could reduce scalability concerns by processing transactions off-chain and verifying them on-chain, significantly improving throughput and reducing energy consumption.

As a certified member of ISACA and the International Association of Privacy Professionals (IAPP), Olumide’s credibility in data governance is unquestionable. Combined with his academic background and certifications from IBM, Cisco, and HP, he brings a rare fusion of cybersecurity rigor, technical execution, and entrepreneurial acumen to the property industry.

His efforts are not just reshaping urban development—they are redefining trust in property markets. With his Real Estate OS, intermediaries such as brokers and notaries are not eliminated but reoriented: from manual gatekeepers to strategic advisors and data validators. Legal frameworks, long threatened by the decentralizing force of blockchain, are now woven into the fabric of transactions themselves.

For Nigeria, the implications are profound. Secure digital titles reduce the risk of litigation, making land more bankable and attractive to diaspora investors and institutional developers. For the UK, Olumide’s work represents a scalable, privacy-respecting framework that aligns with post-Brexit innovation goals and the growth of digital finance ecosystems.

Ultimately, Olumide Ogungbemi stands as a transformative figure—one who is not merely modernizing real estate technology but humanizing its impact by making land ownership clearer, safer, and more accessible to all. As Nigeria charts its course into a digital economy and the UK looks to reinforce its global tech leadership, Olumide’s blueprint offers a shared future where property rights are not just documented but digitally secured and ethically governed.