LandOrc - Defining the future of Real Estate!

in #landorc3 years ago

Blockchain allows information regarding a chain of transactions to be recorded and distributed across a network of computers (also known as nodes). Blockchain creates digital records that can be shared within the network, so are transparent, can be updated quickly, and are difficult to hack.
An important element of blockchain technology is that it eliminates the role of a central authority in approving transactions and verifying identity by keeping a ledger of transactions stored on a network. This makes transactions using blockchain technology harder to fake
The benefit that blockchain brings to the real estate industry is immense because verification of ownership and confirmation of real estate transactions can be done in a moment. This is especially important in developing markets in Asia, where securing property title is a sore point for investors. Incomplete and up-to-date land registration information will be a thing of the past.
The characteristics of real estate transactions are of great value, so it often takes a lot of time, costs and paperwork to complete. This creates problems with liquidity and transparency in the real estate market. Blockchain has the potential to change the game: by digitizing transactions, it reduces time and costs, while increasing transparency and safety. Landorc is one of the pioneers that makes it possible with a blockchain-enabled ecosystem that enables the seamless movement of capital and collateral between investors, real estate developers and rights holders. land ownership.

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What's in it for the Investor?

A large portion of Digital Asset Owners are looking for longer term gains, reflected in the 99% of Ethereum wallets that are not invested in higher risk DeFi transactions. Investors have an opportunity to participate in the global real estate industry from a single platform gaining attractive staking reward while having the security of land as collateral. With all transactions on the Blockchain, Digital Asset Owner benefit from transparency and security.

What's in it for the Landowner?

Property developers are challenged in terms of raising capital, especially those operating in high staking reward geographies. The recent pandemic has put greater pressure on banks and other conventional sources. Access to capital at a lower staking reward rate would reduce cost of financing and increase profits. The blockchain based solution ensures that the financing process is secure and faster than the conventional solutions.

Technology behind LandOrc

Land NFT Tokens (LandNFT)

Non-Fungible Token, based on the ERC-721 standard of Ethereum. It represents a digital form of the land title. LandNFT enables storage of verified data and eases property transaction and collateralisation via trackable movement across wallets on the blockchain.

LandOrc Tokens (LORC)

Utility token based on ERC20 standard provides Digital Asset Owners the means for staking on property development projects available on LandOrc platform. Using smart contracts to provide assured staking rewards over the defined period and with an underlying land title collateral available via NFT.

Land Governance Tokens (LGOV)

LGOV allow members of the LandOrc ecosystem – property developer, lawyers, valuers, Digital Asset owners and technology partners to vote on key decisions on the platform. Distributed proportionately across members with specific allocated voting rights and multi signature wallet for independent valuers and legal counsels, to ensure adequate oversight. Minimum threshold vote amongst all issued LGOV tokens is needed to allow a property development project to be made available for staking on the plaform.

Teams

The team at LandOrc bring extensive experiences across relevant industry verticals and expertise. The multinational team ensures diversity in approaches and ideas.

Partners

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Roadmap

2020: Advisory,Consultancy, Partnerships, Clients.
Q1 2021: Client Onboboarding India & Africa Locatioans.
Q2 2021: Seed Funding, Technology Partnership, Formalise Market Planning & Proof of Concept Development
Q3 2021: LandOrc Beta Launching, Launch of Private financing round, Start of marketing initiatives for Eastern Europe & Mint 200 land title NFT
Q4 2021: LORC Token Sale, Launching in DEX-Uniswap, Listing of tokens on multiple exchanges, Launch 20 property development projects & Scale up to Africa
Q1 2022: Hybrid Connectors allows Interoperability & Launch Latin America
Q2 2022: Expansion to rest of high interest markets globally
Q3 2022: Upgrade Legal Consensus. Expanding Legal Partnerships
Q4 2022: Expand to More Exchanges

Conclude

• blockchains are records of all kinds of details that can be specified for different types of data. With that definition in mind, it looks like we'll see this kind of magic become more widespread soon than we expected.
• Blockchains have the power to create identities for us. From there, records of everything we ever do in life can be updated. Everything cannot be erased without going through a complex workflow.
• Regarding our investments in Real Estate, we will update them in a simpler way. Technology has made our lives much more comfortable, but that doesn't mean their capabilities are limited to today. The possibilities of technology are endless. lending, buying, trading, paying, investing, trading, negotiating, … all of our activities can become smarter.
• And all industries are turning their attention to blockchain. This is the future.

For More Information :

Website: https://landorc.io/
Facebook : https://www.facebook.com/LandOrc.io/
Telegram: https://t.me/landorc
Twitter: https://twitter.com/LandOrc1
Reddit : https://www.reddit.com/r/LandOrc/
Instagram : https://www.instagram.com/landorc.io/

My profile:
telegram: @alaha12
Bitcointalk username: huanbouty
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1948566
ETH Wallet address: 0x5ad54ff6e4e1c65ec803c002cc6bc8658b864971

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You've got a free upvote from witness fuli.
Peace & Love!

thanks sir

good article

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