Jeffhardy: Global Property Register – Real estate blockchain

About Global Property Register

Global Property Register – is another age of the land advertise, utilizing current innovations and apparatuses, with which it will be conceivable not exclusively to fix each consequent property, yet additionally to buy it on an improved framework through the inward token platform.
That is, to place it in basic words, Global Property Register is another sort of officially out of date old arrangement of the land advertise. Global Property Register is capable not exclusively to survey land, yet additionally to control the whole rundown of essential reports, lawful declarations and different references at the authoritative dimension, so as to guarantee most extreme straightforwardness at all phases of the exchange, just as to dispense with different bureaucratic expenses.

Problems

Blockchain technology has the ability to optimize global infrastructure to address international issues more effectively than existing systems in the current context. Here are all the great benefits that Blockchain technology brings us.

Blockchain in different industries will provide transparency throughout the categories. With a financial transaction, you can observe real-time Blockchain transfer status, instead of not knowing how the transaction status is until the transaction ends, a common problem in the current system. Transparency remains unchanged when applied to all values recorded on Blockchain.

One advantage of Blockchain technology over existing systems is the ability to remove intermediate units by allowing people to deal directly with each other instead of going through certain third parties. This helps billions of people who are living in countries where they cannot trust intermediaries because of decaying government, high crime rates, charter businesses, and operations, Manual record keeping or legal options are very limited.

Blockchain allows the development of primary and secondary trading platforms for securities and real estate "often brings new possibilities to limit previously by creating more liquidity and ease of access for homes. sponsors and publishers

Global Property Register is a decentralized ecosystem that provides the first global blockchain world. We leverage blockchain technology to make asset registration easier for mankind, especially in developing countries. Global asset registrations (GPR) are the first global real estate registrations that will have a nature all over the world, including developed and developing countries. It will provide evidence of ownership for more than 4.5 billion people (worth $ 20 million) worldwide that are not currently covered by insurance and therefore cut off from the financial and real estate markets. It will also provide a global asset exchange. This platform will serve as an international digital real estate market for all market participants.

Solutions

They have experts in providing the best and reliable blockchain-based real estate products. Our experts understand the different requirements of the real estate market and try to provide the most effective solutions. They will provide the following solutions.

Global Property Register Advantages

The nearness of a blockchain system will enable you to at the same time control an amazing number of records and archives, while giving all the important administrative, administrative and legitimate structures with speedy access to all the vital reports and reports. Also, the blockchain will add to the decrease of extra budgetary costs, which recently eaten up the greater part of the capital of a land proprietor. Another preferred standpoint of Global Property Register is land scope, since this project has the chance to create far and wide, without constraining itself to the outskirts of a nation.

Company's mission

To solve global plans, specialists plan to perform the following tasks:

Create a global property registry.
Conduct analytics, which will be done using artificial intelligence.
Creating a social platform that may be required to promote modern real estate solutions.
Build a unique real estate exchange where you can make a purchase and sale.

Benefits of the project

Real estate is notably one of the most stable form of investment and it involves a little amount of risk as an investment mechanism. The global total value of developed real estate is over 228 trillion USD, which is higher than the total global traded equities and securitized debt instruments put together and in the year 2016, its global transactions volumes reached about 661 billion USD.

By maintaining an immutable record of property ownership, encumbrance and conveyance, blockchain can provide a certainty of information that allows for a greater level of trust and transparency. It can allow each piece of property to have its own digital address where all information relating to the property may be stored.

This would include financial information, leases, taxes, bills, liens, easements, building performance, physical characteristics and the transaction history relating to the property, potentially eliminating the need for expensive in-depth title searches.

Crucially, all property level information can be encrypted in such a way that only those with permission by the property owner (or agent lender, in the case of a mortgage loan transfer) can be allowed access.

Prevention of Fraud - All transactions that occur on the on a blockchain platform will be cryptographically signed and auditable. The use of timestamps with consensus mechanism on the blockchain has the ability to prevent double booking/selling of the same property unit, which is a common problem when a property is being listed by diferent brokers.

Distribution token