The desire to own landed properties has been in existence for as long as anyone could imagine making the real estate industry one of the most primitive and important world's sectors. It could be dated back to the Stone Age when people exchanged, inherited, bought, sell as well, and leased areas of land for various purposes such as Agriculture, friendship, and partnerships, as well as for profit-making intentions.
A lot of people are keen to invest in the real estate sector because it consists of imperishable assets that have a greater tendency to increase in value over some time without doing much extra work. The success potential of real estate contributes greatly to the ever-increasing growth of the sector as a lot of new investors are always on the verge of finding a way into real estate investment to enjoy the various advantages that come with it that might lead to financial freedom by enjoying a steady flow of income.
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However, just as every wonderland does have certain setbacks, the real estate investment sector is not an exception. The entry opportunity into real estate investment is far from being easy for the masses and general public, and the reason for this has been attributed to three major factors which are; ambiguous regulations guiding the processes of Real estate investment, huge capital requirement for start-up and lack of transparency in the entire real estate framework model. The lack of transparency contributes majorly to the risk involved in real estate investment.
To see more rapid growth in the real estate sector, the above-outlined setbacks must be solved and as such, introducing the Instant assets tokens to turn the dreams of real estate potential into Reality.
Instant Assets Tokens (blockchain technology) is a new real estate start-up project that will utilize the various benefits of blockchain technology to disrupt real estate investment by removing the various barriers faced by all the players in the real estate sector. blockchain technology proposes different use cases to provide a wide range of utility for real estate investment by pioneering a new generation of property investment where even the commonest individuals will be able to capitalize more profits.
The go-to approach adopted by blockchain technology will bring innovation to real estate investment by implementing the potential of blockchain technology in the entire real estate investment framework and business models. Full implementation of blockchain technology Use cases will not just solve the underlying challenges in the real estate sector but will also promote the growth and mass adoption of blockchain technology and cryptocurrencies to the general market by filling the missing gap between the three industries.
The growth of real estate so far is credited to the various inventions by various existing real estate firms and companies to solve most of the problems prevalent in real estate investment. However, the property market is still far From being perfect as various statistics show that the real estate market is still inefficient compared to other asset sectors
In light of that, blockchain technology is looking forward to creating a brilliant future where all real estate investment framework is based on the blockchain technology model and to instill trust and transparent as well as provide a secure ecosystem that will enable users to transact real estate fast, without intermediaries and protocols and with low transaction costs. To make this dream come true faster, blockchain technology is eager to partner with all government and private projects.
The core architect of the blockchain technology platform is built on blockchain technology to utilize its potential to disrupt real estate just the way the emerging technology is disrupting other established sectors. By utilizing blockchain which is designed to offer a decentralized record-keeping technology, blockchain technology will transform the real estate operational framework towards a decentralized peer-to-peer sector, building resilience against the long chain of intermediaries and resistance to real estate fraud. The various potentials include:
- Faster And Low-Cost Transactions :
Real estate counts among the sectors with most transaction operations and most of the transactions are still conducted through the traditional model and require long and costly processes that can take days to process. By utilizing Blockchain cryptography, transactions will go through a streamlined process delivering quickly at reduced costs.
- Instil trust and transparency:
Trust and transparency are among the core features of Blockchain technology and as such, it offers a verifiable and censorship-resistant option for real estate investment by instilling trust and transparency in the real estate investment framework.
- Provision of tampered-proof databases:
Real estate processes and data would benefit from secure and tamper-resistant shared databases of blockchain that compile data and documents from various entities into one place.
- Limiting the use of intermediaries:
The long chain of intermediaries dominating the real estate market could be rendered obsolete by blockchain-based approaches such as smart contracts, as records and agreements could be stored, verified, and transferred using blockchain technology. Removing real estate intermediaries would dramatically reduce costs and save time
Blockchain technology is proposing a new era of real estate investment framework and business strategy that will make entry easily available to the commonest individuals worldwide. By utilizing the potentials of the blockchain, blockchain technology will usher investors of various income levels into a fully liquid investment market and present an ecosystem of compelling, permanently transparent administrative solutions for the property investment industry.
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