IAT Instant Assets Token

xeeest (25)in #iat • 6 years ago

Real estate is rightfully considered the most valuable asset that many people try to save. In this surprising nothing, because the real estate at any time can be sold, rented and perform many other actions.However, it should be clearly understood that the real estate market is not only profitable deals, but also a lot of problems. For example, have you ever tried to sell your apartment? If so, then you understand how much money it will be necessary to give to someone who is not clear. After all, there you need to pay tax, get a certificate, give a part to a notary, realtor, who found housing, etc.

Problem
Despite the potential benefits of the real estate market, buyers face many problems and limitations. IAT, in order to maximize benefits and minimize losses that may arise, aims to solve the following through the application of blockchain technology:1. All Round Transaction Fee Fees
total purchases and property sales in the Philippines sometimes increase up to 24% of property value. We are looking to cut total costs down by at least half.2. Integrity and Security
The decentralized nature of Blockchain technology ensures that records stored therein can not be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.3. Transparency
Transfer information stored in blockchain is accessible to all who make data transparent and unchanged.4. Time and Cost of Saving
Blockchain technology simplifies and accelerates the ownership transfer process.5. Restrictions on Foreign Investors
Countries have been known to implement regulations to curb the growth of the real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from swelling or forming bubbles.Utilities & Benefits
The IAT ecosystem encourages the use of NIAT for these benefits.

Rent Payment
Merchant Partner
Asset Purchase
Payment for Asset Management Services
Payment for Furnishing
Payments for Advisors & Tax Services
Payment for Legal ServicesPayments for Agent / Brokerage Commission
Listing of Assets for Sale or Lease
Receiving Rent / Sales Results
Receive Commission for Agents / Brokers

Native Instant Assets Token (NIAT)

This will be the localized token equivalent of the IAT as it will only be usable within each individual real estate market and is pegged against the country’s native currency. To protect investors from volatility of the cryptocurrency market, NIAT will not be minted on its own but can only be purchased using IAT.

Tenants pays their rental with NIAT and receive a reduction. The employer can also be trying to bring in diverse merchant partners into the IAT ecosystem so that NIAT can be spent for the merchants’ goods and services.

NIAT can also be used to purchase belongings in the IAT surroundings and token holders can decide to utilize NIAT to make payment for asset control services or enticing the offerings of tax advisors, lawyers or felony advisors.

In the event where commission is required to be paid to the property agent, token holders can choose to pay the commission with NIAT. Asset owners can also choose to receive rental or sale proceeds in the form of NIAT after listing the assets on the web portal.

Companies behind IAT:

DigiAssets Pte Ltd
DigiAssets Pte Ltd is a Singapore registered entity and will be the company wholly in charge of the management of Instant Assets Tokens (IAT).
Realty Beacon Philippines Inc.
Realty Beacon Philippines Inc. (RBPI) is a property management company registered in the Philippines and will be managing properties pegged to the IAT efforts discussed in this whitepaper. In the last five years, founders of the company have transacted over one 1 billion pesos worth of properties which essentially lead to the setting up of RBPI.

Platform – EthereumType – ERC20Price on ICO – 1 IAT = 0.01 USDToken on sale – 2,000,000,000Min. investment – 0.1 ETHReceive – BTC, ETH, FiatDistributed in ICO – 44.44%Soft seal – 1,000,000 USDHard cap – 20,000,000 USD