Buy or Tokenize Real Estate on a Blockchain
for better ownership control, greater asset liquidity, & crystal-clear records, all of which create more value
for better ownership control, greater asset liquidity, & crystal-clear records, all of which create more value
The DAO or decentralized autonomous organization controls any changes to the blockchain through a transparent voting process ensuring all decisions are for the benefit of the majority and completely transparent, and then recorded on the blockchain nodes for immutability and endless 100% historic clarity, which typically starts with the original transfer deed, any prior data known, the ownership documentation, all reports, transfer, essentially everything to do with the real world assets or "RWA's" on the blockchain, from now until the end of time, after being confirmed by multiple blockchain "validators" that the data is accurate.
Smart Contracts are essentially contracts that are written in computer code which allows them to be "alive' or active, and as things happen they can cause a smart contract to initiate an action, for example when the real world property manager uploads the monthly income and expense information to the nodes who verify it as accurate and then publish it to the blockchain, the "profit share" smart contract would then do all the work of calculating which wallet addresses owned tokens and issue their respective income shares. The data is added to the blockchain as the next "block of data" on the chain. The "Yearly Tax information" smart contract would for example automatically gather all the data for each token holder for the year and disseminate that data based on a time trigger, such as "January 5th every year" as another smart contract example. Smart contracts can be used to automate to the awarding and usage of real estate between 1,000's of token holders. Smart contracts update the nodes who intern update the blockchain when any sale or transfer of tokens occurs. Basically, smart contracts do all the work automatically and are only changed if the DAO votes to do so.
Blockchains are simply a chain of the data files that use to be stored in a file cabinet, then they were stored on stand alone pc's, and then onto network and private servers, and now that data is moving to the blockchain. Blocks (of data) are verified by multiple verified validator nodes before being added to the chain, every blocks resides on all the node computers so that the blocks of data can never be changed (the meaning of "immutable"), this is because each block of data is converted into a "hash" or string of code that is reflected in the block before and after each block, and the string of data or hash is only the same if the data in the block is exactly the same as the data that created the hash. Together, this all makes blockchain technology light years better than the current way of processing, validating, storing, retrieving, and viewing data. Combined with tokenization and you have extreme transparency, endless historic information and clarity, the ability to easily fractionize ownership and the benefits of ownership, and instant tradability which creates much more instant and effortless liquidity.
In today's fast paced and ever-changing real estate, business, and even political environments, it's critical to have a depth of broad-based experience in every aspect that affects the end result. With my 33 years of San Diego experience as a developer, real estate broker, & mortgage broker, you can expect the best possible end results, in the shortest time, and at the lowest cost. I only like win-win-win scenarios.
I've been directly involved as the Buyer, and/or the Real Estate Broker, and/or the Developer, and/or the Mortgage Broker in over $1 Billion of real estate transactions, $1.5 Billion in mortgage transactions, and a quarter billion in residential construction in San Diego.
Contact me about tokenizing your real estate on the blockchain
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