Hello crypto fans ...
On this occasion I will discuss one of the real estate projects, the Global Property Register platform.
Please see if you like ...
About Understanding Global Property Register
The Global Property Register platform or abbreviated as GPR itself is a decentralized ecosystem platform registering the first blockchain-based universal real estate, which will be global in nature, mainly covering countries that are both developing and developed countries.
Problems
Blockchain technology is able to optimize the global infrastructure to more effectively address international problems than existing systems in modern conditions. Here are all the benefits that Blockchain technology gives us.
Blockchain in different industries will provide transparency in all categories. With a financial transaction, you can observe the status of a blockchain transfer in real time, instead of not knowing what the status of the transaction is before it is completed, which is a common problem in the current system. Transparency remains unchanged when applied to all values recorded in the blockchain.
One of the advantages of Blockchain technology over existing systems is the ability to remove intermediate blocks, allowing people to directly interact with each other, rather than through certain third parties. It helps the billions of people who live in countries where they cannot trust intermediaries because of the collapse of the government, high levels of crime, charter business and operations, manual accounting or legal options are very limited.
Blockchain allows you to develop primary and secondary trading platforms for securities and real estate, often bringing new opportunities for limiting earlier, creating more liquidity and facilitating access for homes. Sponsors and Publishers
The Global Property Register is a decentralized ecosystem that provides the first global blockchain-world. We use blockchain technology to simplify asset registration for humanity, especially in developing countries. Global Asset Registrations (GPR) are the first global real estate registrations to be in place around the world, including developed and developing countries. He will provide a certificate of title to more than 4.5 billion people (worth $ 20 million) worldwide, which are currently not covered by insurance and therefore cut off from financial and real estate markets. It will also provide a global asset swap. This platform will serve as the international digital real estate market for all market participants.
Project Benefits
Real estate, in particular, is one of the most stable forms of investment, and it represents a small risk as an investment vehicle. The global total value of a developed property is more than $ 228 trillion, which is higher than the total volume of trading in stocks and securitized debt instruments in the world combined, and in 2016 its global transactions reached about 661 billion dollars. ownership, encumbrance and transfer of ownership, the blockchain can provide certain information that provides a higher level of trust and transparency. This can allow each property to have its own numerical address, where all information relating to the object can be stored.
This will include financial information, leases, taxes, bills, mortgages, easements, building performance, physical characteristics and transaction history related to the property, which potentially eliminates the need for costly in-depth search for names.
It is important to note that all information on the level of property can be encrypted in such a way that only those who, with the permission of the property owner (or creditor agent, in the case of a mortgage loan), can get access.
Fraud prevention - all transactions that occur on the blockchain platform will be cryptographically signed and verified. Using timestamps with a consistent mechanism on the blockchain prevents double booking / selling of the same property unit, which is a common problem when the property is listed by different brokers.
Products and Solutions
Global Real Estate Registry Mobile Application
You can use everything by participating in their ecosystem. Then, along with your smartphone and internet connection, you can upload information about the land or any other property in their blochain register.
This application is user friendly, easy to understand and provides you with the latest updates. The application provides you with the following benefits: global search for assets, attribute panel, analysis provided by artificial intelligence, property
registration on the blockchain registration. This application will be released soon and works on Windows, Android, IOS, ...
Solutions
They have experts in providing the best and reliable products based on the blockchain. Our experts understand the various requirements of the real estate market and try to offer the most effective solutions. They will provide the following solutions.
Token details
Like some other blockchain projects, they also provide code for their project, the XRX token. Tokens provide access to the ecosystem of GPR solutions and will be sold after they are listed on stock exchanges.
Token distribution
Distribution of funds
Upon completion of the XRX sale, the XRX sales revenue
will be highlighted as below:
Development of technologies and platforms - 40%
Regulatory - 15%
Operations and marketing - 30%
Business development and others - 15%
Road map
Their route starts from November 2016 (unites the team for planning). Then built and expanded step by step until 2021 will expand globally. Specifically about the road map, see the picture below:
TEAM
conclude
Like any other new technology, Blockchain has also been criticized. A number of questions were raised about the safety and reliability of this technology, as well as the problem of human error; When used as a database, the information entered must be accurately recorded from the beginning.
However, when technology is used more widely, these problems will be solved. Meanwhile, technology will simplify the complex and traditional commercial real estate industry.
With the vision of the Global Property Registry (GPR), a world in which every homeowner can use the value of his property (home or land) The property of a document is safe and easily accessible. Land and property fraud has been eliminated, especially in developing countries in Africa, Asia and South America. Therefore, it is a community project and the most efficient network. To learn more about this project, follow the links below:
Project links
Website: https://globalpropertyregister.io/
Twitter: https://twitter.com/GlobalRegister
By Sengkuni
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2215475
ETH : 0x841195014dd6AE32F3eC4B914fbEB1CCc73aC51E
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