World’s First Smart Property Blockchain Debuts


Today, Kognition unveiled KOIN – a decentralized autonomous smart property (DASP) blockchain – the first of its kind, during Dreamit x Bisnow Innovation Summit in Tampa.

“Smart properties create a real-time stream of opportunities to generate revenue, reduce risk, optimize performance and drive ROI,” said Matias Klein, CEO of Kognition. “KOIN is an idea whose time has come – a completely new category of opportunity in the built space.”

Introduced but not controlled by Kognition, KOIN is an open initiative; everyone can participate. It features a crypto token that enables participants to exchange value within its own open ecosystem. Membership is free and includes access to open source code and pre-built templates developers can utilize for smart property solutions.

Launched in 2017, Kognition is a smart property solutions provider headquartered in Philadelphia, PA. Kognition’s platform is secure, interoperable and intelligent, enabling commercial properties to continuously monitor and analyze events in real-time and take appropriate action to mitigate risk, failure, danger or damage.

KOIN builds upon, but is separate from, Kognition’s software, and is a completely new initiative. With an open economy, open governance and open source identity that integrates traders, builders and vendors, KOIN offers significant advantages for owners and operators of smart property, as well as for smart property hardware, software and service providers. The company is beginning the private sale of KOIN tokens this quarter, and will open to the public in April, 2019.

 For more information, contact Laurel Fairworth; or 215.219.9358


Based in Philadelphia, PA, Kognition is the developer of the world’s first enterprise-wide, hardware-agnostic smart property system. Now your commercial properties can see, think, and act to improve operations, enhance security, lower costs, and more.  Kognition’s revolutionary, patent-pending software enables large property owners to effortlessly deploy and manage autonomous, AI-powered jobs for dramatically improved property management and core businesses operations. Kognition was founded by a team of proven entrepreneurs with decades of successful senior executive experience in the Fortune 500. 


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