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Introduction
Tokenize your real estate and it will release you from your Mortgage within 3 months!! You will be Mortgage Free and as well no more obligation to pay your Util bills, etc
Free seminar to learn the concept and how to become a member. By invitation only!How to become a member?
Attend free orientation and learn. This is by invitation Only! A friend of yours will invite
you to attend the orientation provided by Founder /licensed Developer
To be a member is Free. Your real property will get you out of debt! Total Freedom!
Tokenizing
The process of creating a digital asset that represents a single property is called real estate tokenization. These tokens represent a certain amount of shares for some real estate asset. Similarly, other investors can purchase these tokens. By doing that, they become partial owners of that asset. This further allows them to be involved in cash flows and asset appreciation.
They have the freedom to sell any amount of their shares whenever they want, and they can do this even with some other online markets. In other words, digitization of real estate using tokens on the blockchain is real estate tokenization.
Benefits of Tokenizing Real Estate
The general benefits of real estate tokenization include
Access additional capital
Real estate owners and developers can offer smaller investment denominations by dividing a property through a blockchain-based system, expanding distribution to a broader and more diverse investor group.
Improved transparency
The use of a blockchain-based system enables the programming of rights, restrictions, and data associated with the underlying property into the tokenized digital asset. Everything that has happened in the past is public to anyone who might want to look.
Automated Processing
Smart contracts can automate the wills and rights process.
How to digitize real estate
The digitization of real estate in real estate tokenization includes three steps:
Secondly, after the finalization of the legal structure for the property, decide the technology.
1. Blockchain token – Determine the blockchain platform to build and which has the rights to store tokens. The platform should also allow the owner to transfer those rights to anyone and transfer the complete ownership to someone else in a legal way.
BlockChain
What is Blockchain?
Blockchain seems complicated, and it definitely can be, but its core concept is really quite simple. A blockchain is a type of database. To be able to understand blockchain, it helps to first understand what a database actually is.
A database is a collection of information that is stored electronically on a computer system. Information, or data, in databases is typically structured in table format to allow for easier searching and filtering for specific information. What is the difference between someone using a spreadsheet to store information rather than a database?
Spreadsheets are designed for one person, or a small group of people, to store and access limited amounts of information. In contrast, a database is designed to house significantly larger amounts of information that can be accessed, filtered, and manipulated quickly and easily by any number of users at once.
Large databases achieve this by housing data on servers that are made of powerful computers. These servers can sometimes be built using hundreds or thousands of computers in order to have the computational power and storage capacity necessary for many users to access the database simultaneously. While a spreadsheet or database may be accessible to any number of people, it is often owned by a business and managed by an appointed individual that has complete control over how it works and the data within it.
Smart Contract:
A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties.
One of the best things about the blockchain is that, because it is a decentralized system that exists between all permitted parties, there’s no need to pay intermediaries (Middlemen) and it saves you time and conflict. Blockchains have their problems, but they are rated, undeniably, faster, cheaper, and more secure than traditional systems, which is why banks and governments are turning to them.
What are Smart Contracts?
Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.
The best way to describe smart contracts is to compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a bitcoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account. More so, smart contracts not only define the rules and penalties around an agreement in the same way that a traditional contract does, but also automatically enforce those obligations. If you are looking for a more detailed walkthrough of smart contracts please check out our blockchain courses on smart contracts.
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What is CEVA --
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