Introduction
The concept behind the design of this platform is to increase the gain and reduce the losses that participants may face in the property market. IAT is aimed at solving such problems as transaction costs, ensuring security and transparency, saving time and costs, limiting foreign investors.
IAT aims to make investment in property easily accessible to the public, eradicating conventional impediments by digitizing assets. In addition, the company’s goal is to create transparency of the resale and leasing processes, as well as the integration of other utilities for tokens on this avenue, which include furniture, legal costs and expenses for attracting tax auditors.
The Essence Of Its Arrival
Its essence is to create a global, international platform for property trading. In more detail, the IA Tokens project will perform the following functions:
• To Provide real estate trading opportunities worldwide
• Creating the possibility of property investment
• To digitilize assets related to property
• To remove traditional barriers in this promising market.
The Existing Challenges
Presently, property investments are present in the market and are flourishing. However, there are still problem existing in this area of investment which includes;
It is the increased bureaucratization of the industry. In order to simply sell or buy an apartment, one often need to conclude a large number of contracts, receive various kinds of certificates, collect and sign a lot of papers. For this reason, many people sometimes simply abandon the idea of investing in real estate and move to less bureaucratic sphere for investment.
There are also serious geopolitical restrictions and to be more precise, it's all about currency. Today, in order to buy an apartment in another country, you need to have the local currency, or in rare cases the US dollar, as well as have mandatory contacts with local lawyers and notaries, to complete all the papers. Actually, this becomes a bigger problem than buying real estate in your country or region.
Conclusion
It obvious that certain problems surrounds the real estate market, but the IA Tokens platform will solve all these problems with the help of modern technologies.
IA Tokens is a global startup blockchain in which all transactions are carried out using smart contracts, are recorded in a distributed registry and are paid for with cryptocurrency tokens.
This is an environment where all market participants are gathered in one platform. Real estate sellers, buyers (investors), lawyers and notaries involved in the confirmation of securities, as well as real estate brokers. Using the IA Tokens platform, users can rent, rent, sell, buy, resell and make other forms of real estate investment without leaving the walls of one platform. The platform and transactions in it is as convenient, harmonious and transparent as possible.
Also, the use of a cryptocurrency token - IAT, as a single means of payment on the IA Tokens platform, removes all geopolitical restrictions. Now, for investment in property abroad, you do not need to buy local currency, make long and expensive international bank transfers on commissions, and so on. This is the digitization of assets and the removal of traditional barriers in the real estate investment market.
USEFUL LINKS
Website: http://www.iatokens.com/
Whitepaper: https://www.iatokens.com/wp-content/uploads/2019/11/whitepaperv4.pdf
Telegram: https://t.me/iatokens
Twitter: https://twitter.com/IA_Tokens
Facebook: https://www.facebook.com/IATOfficial/
AUTHOR'S DETAILS
Bitcointalk Username: chuksmy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2635666