Money laundering has become a main challenge that financial institutions have been facing in the international market. The real estate players (agents, landlords and the renters) have been facing this challenge for many years. Money launders are using the financial institutions that participate in the international trade to act as an avenue for them to transfer illegal money from one economy to another. Experts indicate that more than 1,500 billion dollars per year are laundered through financial institutions. Money laundering has become an organized crime that financial institutions have been unable to handle and this have threatened international financial system and has led to promotion of corruption by the financial institution officials who at times helps in facilitating these activities. With the growth of the cryptocurrency and blockchain technology, these crimes are being eliminated. Companies are using platforms that use smart contracts and decentralized blockchain technology to ensure better security and better experience for the users. With this in mind, OpenBrix aims at eliminating this problem in the market by providing a better platform that enhances security for the users.
WHY OPENBRIX.
Abundance of computers, communication networks like Facebook and digital information has created an environment where personal information is readily available to people who want to use them properly and those who also want to abuse the information available. Personal information is disclosed knowingly or unknowingly by individuals interacting with digital media technology. OpenBrix aims at ensuring better and enhanced links between the real estate players. It will ensure better security for the investors, real estate owners and the renters. OpenBrix is planning to open a platform that will ensure effective running of the real estate operations. The platform will use the artificial intelligence and blockchain knowledge to guarantee that there is better security for its users. OpenBrix will make use of its specialist in making a platform that will ensure that the real estate players gain a great experience.
Privacy in the modern society is considered to be a device of control where an individual is able to control personal information that others can access which can invoke involuntary scrutiny. Privacy is built on a system of trust which means that individuals divulge information to certain sources in certain context and expect the sources not to exploit the information they have attained. Arguments supporting the relevance of privacy in the modern society point to controversies that exist in the modern society concerning privacy. Organizations have been accused and sued of using information gathered through use of technology for wrongful purposes. With this in mind, OpenBrix aims at providing a platform that is highly secured to guarantee better transaction between the real estate owners and other players. Smart contracts will help OpenBrix to guarantee the privacy.
Conclusion
Digital media has enhanced omniscient publicity in the society making privacy to be an obsolete concept. Sharing and access to information is much easier as individuals strive to make their life better. With OpenBrix, the firm will change the way the real estate players have been operating.
It will ensure a better and enhanced platform that will use smart contracts to guarantee that there is better interaction between the real estate owners and the tenants. The decentralized platform will ensure better security through the protection of the user’s data from unauthorized access.
References
Website: https://www.openbrix.io/
Whitepaper: https://drive.google.com/open?id=1li6LEHz2TCMH5tB7MuxffT-iDXyC_xO7
Lightpaper: https://drive.google.com/file/d/1-fujTXN76rTY52ku_kY2HvA062dM77kP/view
Twitter: https://twitter.com/OpenBrix
Facebook : https://www.facebook.com/openbrix/
Telegram: https://t.me/OpenBrix
Reddit: https://www.reddit.com/user/openbrix
Linkedin: https://www.linkedin.com/company/openbrix/
Medium: https://medium.com/@social_53430
Ann: https://bitcointalk.org/index.php?topic=4500840.new#new
Author: Gitagiajose
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447
Ether Address: 0x1547fB0fBb1dA830af27F4D015E6f5f2F4F00c7c