Projects

PRXY

The best solution for EB-5 compliance

categories

Blockchain

Vue

CLIENT

PRXY Co

COMPLETED

Feb 22, 2024

Introduction

The EB-5 Immigrant Investor Program stands as a gateway for international investors seeking permanent residency in the USA. Since its inception in 1990, this program has offered a streamlined path to acquiring a 'green card' by making significant investments that fuel job creation in the American economy. However, navigating the complexities of EB-5 compliance has been a challenge for many investors and stakeholders.

Introducing PRXY, a pioneering solution that has been simplifying EB-5 compliance since 2022. PRXY is tailored specifically to meet the unique needs of EB-5 fund management, offering a focused approach that addresses the intricacies of this specialized field. By leveraging cutting-edge technology, PRXY software revolutionizes the management of EB-5 investments, making compliance requirements more accessible and efficient than ever before.

With PRXY, investors and stakeholders can seamlessly navigate the EB-5 process, ensuring that their investments align with regulatory standards while maximizing their potential for success. Our platform's intuitive interface streamlines compliance tasks, reducing redundant work and providing real-time insights into investment progress and job creation metrics.

In an industry where precision and accuracy are paramount, PRXY stands as a beacon of innovation, empowering investors and stakeholders to navigate the complexities of EB-5 compliance with confidence. With a track record encompassing over 75 EB-5 projects and facilitating $3.0B+ in EB-5 offerings, PRXY has contributed to the creation of over 37,000 U.S. jobs, cementing its position as a trusted partner in the EB-5 investment landscape.

What is PRXY?

PRXY is a comprehensive software solution designed to streamline the intricate process of EB-5 compliance. Leveraging advanced technologies such as JavaScript, Auth0, Vue.js, and blockchain principles, PRXY offers a range of features and functionalities tailored to the specific needs of EB-5 fund management.

Main Features and Functionality:


Construction Draw Mirroring: The software seamlessly mirrors existing construction draws, providing stakeholders with accurate and up-to-date information on project progress.
Automated Audit Trails: PRXY auto-captures audit trails, ensuring transparency and accountability throughout the investment lifecycle.
Completion and Job Creation Tracking: Users can effortlessly track project completion milestones and job creation metrics, ensuring adherence to regulatory standards.
Investor Reporting Dashboards: PRXY offers investor reporting dashboards, providing stakeholders with real-time insights into project performance and financial metrics.

  • Compliance Simplification: PRXY simplifies the complex landscape of EB-5 compliance requirements. Its intuitive interface ensures users can easily navigate through various compliance tasks.
  • Construction Draw Mirroring: The software seamlessly mirrors existing construction draws, providing stakeholders with accurate and up-to-date information on project progress.
  • Automated Audit Trails: PRXY auto-captures audit trails, ensuring transparency and accountability throughout the investment lifecycle.
  • Completion and Job Creation Tracking: Users can effortlessly track project completion milestones and job creation metrics, ensuring adherence to regulatory standards.
  • Investor Reporting Dashboards: PRXY offers investor reporting dashboards, providing stakeholders with real-time insights into project performance and financial metrics.

User Management

  • Administrative Controls: Administrators have full control over user management, including user registration, project creation, and user assignment to projects.
  • Expenditure Management: Admins can add expenditure types and budgets, enabling precise tracking of project expenses.
  • Drawdown Approval: Admins can approve, reject, or confirm drawdown requests, ensuring efficient fund allocation and compliance with regulatory requirements.

User Authentication

PRXY utilizes Auth0 for user authentication, offering secure access to multiple user roles, including administrators, builders, investors, regional centers, issuers, and agents.

Backend and Logic:

PRXY utilizes JavaScript with Hasura on the backend to store data and manage the logic of the project. This combination provides scalability, flexibility, and robust data management capabilities.

User Interface:

The user interface of PRXY is designed using Quasar and Vue.js, offering a sleek and responsive experience for users across various devices. This technology stack ensures a seamless and efficient user experience while navigating through PRXY's features and functionalities.

In summary, PRXY revolutionizes EB-5 compliance management by offering a comprehensive suite of features and functionalities, powered by cutting-edge technologies. From simplifying compliance requirements to providing real-time insights and user-friendly interfaces, PRXY sets the standard for efficient and effective EB-5 fund management.

In summary, PRXY revolutionizes EB-5 compliance management by offering a comprehensive suite of features and functionalities, powered by cutting-edge technologies. From simplifying compliance requirements to providing real-time insights and user-friendly interfaces, PRXY sets the standard for efficient and effective EB-5 fund management.

Future of the Project

At PRXY, we're dedicated to continuously improving our platform to better serve our users. Our team is hard at work implementing enhancements and refining features to ensure an optimal user experience. While we can't divulge all the details just yet, rest assured that these improvements will further streamline EB-5 compliance management and provide added value to our users. Stay tuned for updates as we work to make PRXY even better for you.

Last Update: Improved Drawdown Rebalancing

Following the recent update that included rebalances on the EBF drawdown, PRXY is further refining and optimizing the drawdown process. This enhancement will improve accuracy, efficiency, and transparency in fund allocation, benefiting investors and stakeholders alike.

Upcoming Features and Enhancements:

Role-Based Access Control (RBAC) Implementation

PRXY is actively working on implementing role-based access control for each project. This enhancement will allow users to have tailored permissions and access levels based on their roles within specific projects. By ensuring appropriate access, PRXY aims to enhance security and streamline user management.

Enhancements to User Experience

PRXY is committed to enhancing the overall user experience by implementing user feedback and incorporating industry best practices. This may include improvements to navigation, interface design, and usability, making the platform more intuitive and user-friendly.

Conclusion

PRXY represents a milestone achievement in the realm of EB-5 fund management technology. By aligning our development efforts with the specific needs of EB-5 stakeholders, and utilizing Vue.js, JavaScript, Hasura, GraphQL, and Auth0, we have created a solution that sets a new standard for efficiency, security, and compliance in the industry. We are confident that PRXY will empower EB-5 fund managers to navigate the complexities of fund administration with ease and precision, ultimately driving greater investor confidence and success.

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