INTRODUCTION
Most financial services have been disrupted by blockchain technology and its application in different sectors, it is hard to find business sectors not affected by the technology. Blockchain has had a big effect on foreign investment, transactions, and capital flows.
Real estate business has been affected by the emergence of blockchain technology. In the past, individuals will prefer the traditional method of purchasing or renting properties over the current digital methods. Real estate deals are usually done remotely and require face-to-face contact with different individuals. Yet Blockchain has opened a way for the condition to change.
The integration of smart contracts into blockchain networks presently allows the tokenization of properties and cryptocurrencies such as Bitcoin and Ethereum.
Historically the focus of real estate technologies has been on finding and contacting landowners and consumers. Yet the blockchain enables real estate transactions to more accurately reflect both the financial network and the decentralized economy.
Space-IZ has developed an interface using blockchain technologies to enable transactions of real estate and rental properties. Properties can be rented on the Space-IZ platform by tokenizing the real estate. Purchases can also be done online.
Space-IZ makes tokens available to users who want to rent co-live/co-work spaces. And they can rent spaces at a discounted rate. The landlord is also allowed to advertise their properties for free provided they rent out their spaces to token holders at a discount.
BENEFITS OF SHARED SPACES ON SPACE-IZ
Custom app is developed to handle all property management and rental.
Users have access to curated community of Space-IZ.
Users can market their spaces on Space-IZ platform or app.
Users can get lots of tokens at a discounted price.
MANAGING PROPERTIES
Although co-living, co-working and short-let is a growing market attracting the attention of many landlords, it still comes with its own challenges. The constant turnover of tenants, adds significant administrative burdens to those managing the property and requires great investment of time. Larger operators may have personnel dedicated to this function but smaller and midsize operators can find the added workload difficult to manage, but the expanded workload would make it difficult for small and medium-sized operations to handle.
This is where Space-IZ will come into its own for property managers and landlords. The app will be designed to be a complete solution for managing and renting property. Beginning with finding tenants, Space-IZ app will streamline and simplify the entire rental process saving property managers and landlords significant costs. Using the application, landlords can be allowed to explicitly pass on cost savings to token holders.
Such services typically require a monthly fee, but the Space-IZ app would be given to the landlord free of charge to list their property on Space-IZ while giving token holder reduced price for rentals.
Space-IZ may be used through debiting tokens to rent shared housing at subsidized rates, and earn money too. It also gives token holders primarily, discounts on their shared room. It is a token used in the Space-IZ network, dependent on the utility.
Useful Links :
(Twitter) https://twitter.com/Space_IZ1
(Facebook) https://www.facebook.com/SpaceIZ1/
(Whitepaper) https://space-iz.com/get-whitepaper.html
(Website) https://space-iz.com/
(Telegram ) https://t.me/spaceiz1
Publishers Details :
Bitcointalk Username : Bukalala
Forum's Profile Link : https://bitcointalk.org/index.php?action=profile;u=2835402