Decentralized ecosystem created by blockchain technology, that operates without third parties involvement is capable to provide much faster transactions with pretty fast speed. There are no hidden charges and no boundaries restrictions. The users can operate anonymously in the trustless environment of decentralized ecosystem. There is much transparency as the data is stored on blockchain and anyone can see it via a distributed ledger and there is no chance of manipulations. So blockchain is best engine that is providing data immutability.
With the further innovation of blockchain technology, finance is merged in this decentralized ecosystem and a revolutionary concept Decentralized Finance (DeFi) came in to existence. With the help of DeFi, the financial and real asset transactions are possible to be conducted on blockchain. World is experiencing a drastic growth and acceptance of DeFi.
Non fungible tokens (NFTs) are the most scarce tokens that can not be forged and can be stored only in a single wallet on the blockchain. We are seeing huge hype of NFTs. Art lovers and Gaming industries are earning millions of dollars by creating unique NFTs, each NFT having specific role in the games created by them. Art lovers and passionate pro game players are always ready to pay huge amount to get these unique and scarce tokens.
Providing, security, transparency and enabling the growth of real estate industry thru lower cost of capital. Converting land titles into Non Fungible Tokens (NFT) allow for ease of tracking transactions and process of using them as a collateral. The LandOrc platform integrates data both on-chain and off-chain, including data linked to location, vicinity and visuals of the land via oracles integrated to the chain. Using the principles of Decentralized Finance (DeFi) Digital Asset Owner can participate in the global real estate projects with active returns and security of land based collateral.