SMART Realty Bringing Real Estate To The Blockchain

tommisetiyawan (-1)(1)in #smartrealty • 6 years ago

Time is mature for the property line to embrace block-chain tech and this is Proved by Smart Realty Solutions, LLC is making. Though there has a range of Initial Coin Offerings dedicated to making a token for the lively real estate line, it is that some of them have lived to the plug they were born of. The revelation they made did not last if it truly was a revolution!

So, when the news about Smart Realty solutions, LLC broke out, there was an exciting feeling of thrill. Starting the Smart-Contract tech to a field where sales and rental deals are aplenty would be the notable plan. May be it'll revolutionize the real estate field since the modern block chain tech will ease and bring transparency in the computing of real estate deals; rental contracts, property sales and more.

Even if it'll unquestionably be among the ideal additions to the real estate industry, the fact that it'll use to all kind of real estate property sales and rental platforms is a plus. But the ideal thing how it'll ease mortgage payments and rent, ease the procedure of buying or selling the property and above everything, accept crypto and fiat currency. Of course, it's a future oriented invention!

What Is Smart Realty?

Smart Realty is modernizing the real estate sector by using blockchain technology to general real estate deals such as property sales, rental contracts, and more. As the trustless automated deals, just wording on the primarily page beam boldly, the actual meaning is pretty easy. Smart Realty will have 3 main parts, namely:

Smart Realty contract platform will include a template system which agreement creators will use to come up with intelligent contracts that set in their local statutes and specifications.
Smart Realty listing platforms will let property holders to seamlessly list their properties for sale or lease earlier than their listings are distributed to vast property websites across the globe.
RLTY tokens used for the Smart Realty smart agreements; users purchase them before undertaking in movement within the system.

Purpose SmartRealty

SmartRealty's goal is to allow users to excute, record, and also apply realestate trades using a contract system known as SMARTRealty Contracts. Smart contracts can replace conventional contracts such as lease / lease agreements, owner financing agreements, available contracts, and sometimes even mortgage agreements.
Exactly what makes SMARTRealty contracts more secure than traditional contracts is that they can expel individual elements of outdated technology that result in reduced accounting, legal and transaction calculations, as well as substantial reductions of fraud, corruption and legal disputes and related price tags.
Realestate contracts struggle to capture specificity and average does not require strong enforcement. If your landlord claims that there has been a "substantial injury" in an apartment, the extent to which the tenant disagrees, the only way to have a deposit back is through the courts. To protect against these complex problems, there are two components to becoming a real estate agent.

The underlying problems

The reality is that real estate line is one that should be of great conveniences to the end consumer. Holding property become a landmark for everybody, when it actually should not be as challenging. Purchasing a property or a house could be quite bothersome, not to mention very costly. This not just due to the fact that property itself is costly, but it is also because there're huge 3rd party charges that have taken over and have certainly swamped the industry. This is something very important to consider.

The solution by SMART Realty

Via the use modern block chain tech, the project is going to disrupt the field, trying to connect the purchaser to the seller or the property owner to the tenant straightly. There's no need of brokerage firms which just make the deal so much more costly.

The Smart Realty platform is going to offer a simple and comprehensive method to the system a smart agreement. This is something quite handy. It's going to allow everybody to have a block chain based intelligent agreement in a matter of moments. This guarantees the clearness of the deal and its full immutability. There's no need for unneeded 3rd parties creating the deal a lot expensive than it already has.

About Sales Token Smart Realty:

Token symbol: RLTY
Pre-ICO start and end: January 15 to February 15, 2018 (has expired)
Major ICO start and end: 15 February to 15 May 2018 (ongoing)
Price: 1 RLTY = 0.0008 ETH
Platform: ETH
Hard cap: 160.000 ETH
KYC White List: No
Country: US
Accepted: LTC, ETC BTC, ETH, BCH, and ADA
Bonus: 40% bonus for those who buy during the first 2 weeks of the ICO period

ICO program of SmartRealty

The company launched their ICO in the month of February 2018 which is ongoing still. The ICO will help raise the capital to have a viable business established as the model comprises of setting up partnerships with other real estate portals in the business. Once the partnerships are formed with the different real estate sites this business model would be set up with the right clientele to offer users a wide variety of real estate property to choose for sales or rentals.