What does blockchain technology have in common with real estate?

A lot! With the help of this revolutionary technology stack, people will be able to change a centuries-old trade that is the realty industry. With the help of the distributed ledger system, financial constructs like the REITs ( Real Estate Investment Trusts) can be more transparent than ever.Usually, these funds limit themselves to a specific geographical location, but would you invest in a REIT on a global scale?

Enter Global REIT, Telegram, ANN/Bounty Thread: the reality global investment fund!

So firstly, how does a traditional REIT work? Well, it’s a long-term investment proposition that acquires attractive real estate domains which then are getting rented out. The income is then split into interest rates amongst the shareholders as dividends becoming an attractive liquid investment vehicle. So how does Global REIT differ from a traditional REIT? Well here are some key benefits that investors can expect:

• Assured Accommodation to all AUMs(Assets under Management)
• Loyalty bonuses and reward point schemes for the most prominent investors
• Globally held assets not constricted to a particular country
• Fund Management Income service
• Monthly dividends for all token holders
• First Sharia Compliant REIT

Ultimately, the company strives to build a globally held real estate portfolio that offers new and improved benefits for its holders by upgrading the traditional underlying structure to blockchain technology. The first buy will occur in Dubai U.A.E, as it’s an attractive real estate proposition, then rapidly scale on a global level.

Image credit

The token economy that ties everything together!

To implement this vision, the team have created two tokens based on the Ethereum blockchain that can leverage the Smart Contracts module. The GRET token is based on the ERC20 standard, which will enable interested parties to hedge their investments in real estate assets. The other token called GREM will allow investors to participate in the Global REIT structure to get the monthly dividends. With these two tokens developed and deployed, a revolution is primed to take the real estate investments by storm!

The asset management module: sustainable IT infrastructure

The technical solution of the platform is assured by the AMM (asset management module) that can handle the full stack of all listed assets. Investors and end users will able to assess a property with its various features like historical information, listings and market trends. The Smart Contracts are also executed through this module in association with the GRET token. Together, these systems provide a sustainable backbone for a globally competitive endeavour.

With the help of the transaction module, API interfacing is achieved that enables transaction validation that runs through the AMM and the General Compliance module. This system is responsible for the business logic implemented to be executed at the code level.

Going forward, the team behind Global REIT wants to have a diverse real estate portfolio ranging from Hotels, Commercial Properties to even Warehouses and Hospitals. The key to success in the macroeconomic spectrum is the global exposure of real estate investments.

Bitcointalk username: Lyd
Bitcointalk username link: https://bitcointalk.org/index.php?action=profile;u=1053480
Wallet: 0x5043d7f9b3140443d4cf1201ed74e4c03fff7fdb