SMARTRealty is making a revolution in real estate. To carry out transactions with real estate (drafting of lease and purchase and sale agreements) SmartRealty applies the technology of intellectual contracts, which significantly increases the speed of registration of the transaction. SMARTRealty is building multi-functional contract management systems that are successfully applied for use with all types of real estate transactions on the Internet and outside it.
Purpose of the company and platform:
1. Make real estate transactions simple, effective, safe and understandable to people who have little knowledge of the industry.
2. Allow users to execute, register and apply transactions with real estate using smart contract systems - SmartRealty.
All real estate posted on the SmartRealty platform will be advertised not only on the site itself but also on a variety of partner sites, which will give a high profile to this project.
The roadmap of the project is painted until the summer of 2019, that is, the development team plans to quickly launch and advertise this site. Due to the fact that the platform runs on Ethereum, it can be started very quickly, because Ethereum provides its services and does not need to write its own block.
The SMARTRealty system has three main elements:
1. Contract system SMARTRealty - The contract system consists of a template system that allows the contract creator to create his own SMARTRealty contract that is tailored to the needs of the particular transaction and compliance. local authority.
2. SMARTRealty - The listing floors of SMARTRealty will allow real estate owners to list their properties for rent or for sale and will distribute these listings to multiple sites. and rent other common property on the web.
3. RLTY Token - The RLTY Tokens are the official SMARTRealty Token for use with SMARTRealty. Payments can be made by any major currency (crypto and fiat) but will be automatically converted into RLTY tags so payments are recorded and tracked properly.
How SmartRealty works:
1) The two parties agree to conclude a contract using SMARTRealty:
The parties use the SMARTRealty platform to strengthen the terms of their agreement in the intellectual contract SMARTRealty, which includes any terms agreed by the parties, including the dates of payments due, amounts, duration of the agreement, penalties for non-compliance, etc.
2) The SMARTRealty contract governs the relationship between the parties:
The payment party can make payments using ETH, BTC, LTC, USD, EUR or many other currencies, which are automatically converted into RLTY tokens and applied to the SMARTRealty contract. Payment can also be made directly using RLTY tokens, if necessary. The contract can even be "pre-programmed" for automatic notification of any cases of breach of contract.
3) The SMARTRealty contract is completed and the transaction ends:
After the final payment or any other condition with which the parties agree, the contract is executed and upon expiration of the transaction, the transaction is completed. Upon expiration of the validity period, any necessary documents can be made or, if this is a lease, the lease can be terminated and any security deposit is returned in accordance with the terms of the agreement. Contracts can even be configured to automatically renew, if necessary, or new terms and a new contract can be agreed if the parties agree.
Why use SmartRealty for real estate transactions?
"Blockchain technology simplifies the real estate ecosystem, allowing people to safely and efficiently exchange data and money. This makes information more accessible, cuts down intermediaries and reduces the risk of fraud and theft. A safer, faster and more reliable process of buying and selling real estate is good for all participants "- Matthew Murphy, global vice president of Renren, investing and building companies in the real estate sectors and Fintech.
SMARTRealty ICO's Info
Token code: RLTY
Sell Price: 1 RLTY = 0.0008 ETH
Total tokens: 500,000,000
Platform: Ethereum
Acceptance of payments: ETH, BTC, LTC, ADA, ETC, BCH, ZEC
Country: USA
White list / KYC: No
Smart Realty uses a marker that is compatible with the ERC-20 marker, based on the Ethereum blockchain. You can purchase RLTY tokens now until May.
Final word
The business model makes viable business sense and there is definitely scope for such a business to take off in making real estate transactions easy, secure and transparent in the online world. However, the expertise and capabilities of the management team would show in how successfully they can execute the business idea. Certainly, One of these instant remedies Intelligent Realty provides Is the reduce transaction fees. This will be only because contracts will likely be implemented between men and women without the need for a lawyer. Other than that, it will help to clear up the legal dilemmas around the arrangements. Most rental and rental arrangements usually are subject to dispute over obligations and meanings of both their landlords and tenants
Irrespective of where in the world you move, You Will Discover tenants and Landlords in question. There are always instances in a court of people trying To haggle on these difficulties. However, SMARTReality believes that using Their stage, these issues can be extinguished. Even though they Are Not Going to Be able to receive reduce contract dispute altogether, they feel they are able to Significantly cut them down. Apart from That, they think They can Reduce the commitment necessary to settle these disputes. This may be Made possible via the use of contract technologies.
Website : http://www.smartrealty.io/
Whitepaper : http://smartrealty.io/whitepaper/
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=2841484
Facebook : https://www.facebook.com/SMARTRealty-1877878195858356/
Twitter : https://twitter.com/rltytoken
Reddit : https://www.reddit.com/r/SMARTRealty
Prepared by:
Bitcointalk Username: chamika888
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329
Great article about smart reality project!
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Very interesting idea! I'm sure it will be in great demand!
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every transaction on our platforms, even payments made with fiat, will be converted to RLTY tokens, there will be a constant demand for RLTY tokens with many purchases occurring automatically as every transaction is converted. While the market exchanges will determine the value of RLTY at any given time, I believe the consistent usage of the utility token will keep demand high. That is good news for the ICO participants.
Thanks for sharing this information.
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great project thanks for info
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