Could we dare to dream of a new system of investing that removes all significant boundaries of today’s industry? Think of a world that makes investing much more simple, fast and efficient. Picture such an economy that doesn’t always place hindrances in the way of our desire to invest; where we could say goodbye to geographical restrictions, minimum required amounts and transactions that need days or even weeks to happen. Thankfully, these things don’t need to remain in the dreaming or wishing stage. Find out in today’s article how can such a transition be made and discover how can the blockchain technology play a major role in the development of such a project.
Introducing Brickblock - the revolution of asset tokenization
Using blockchain technology, Brickblock has created a way of combining digital currency, real estate investment and investment funds, in a manner that eliminates to need to use intermediaries. Holders of virtual money will have (starting 2018) a secure, easy and affordable way to invest in real estate - probably one of the most stable and long-term real-asset of our world (Brickblock will also permit trading and investing in other such assets). Moreover, on Brickblock, individuals will not be obliged to trade their digital currencies into fiat money to invest.
The launch moment is closer than you’d expect! By the end of this year's first quarter, Brickblock will list the world's first tokenized real estate asset on its smart contract platform.
The future of investing and asset trading, on the blockchain
After assuring that all these steps are taken, what do users have to do? To invest cryptocurrency into assets that are part of the real-world (in different industries or domains of activity), these two major phases need to be mentioned:
● Brickblock enables sellers from all around the world to provide tokenized real-world assets (like real estate and investment funds)
● Inside the platform, investors can acquire asset-backed tokens (also called Proof-of-Asset tokens) by using virtual money. These tokens offer users the right to obtain profits generated by the respective asset.
How will this platform simplify investing in real estate? We don’t need a lot of words to explain, trust us:
- First step: be sure you have an Ethereum address
- Second step: open the Google Chrome or Mozilla Firefox browser
- Third step: check if Metamask is installed
You are ready to go!
What features does Brickblock hold for its users?
● As we just mentioned, Brickblock participants will enjoy, as token holders:
- Faster settlements times
- Lower fees
- Removal of geographical limitations
- Removal of the minimum investment threshold
- The opportunity to get instant liquidity
- No need to work with intermediaries
● At the same time, users will be given a chance to use the world’s first decentralized asset-backed token exchange. This component will incorporate a FIAT payment gateway.
● Finally, Brickblock will operate as a fund for crypto and real-world assets. This is the mechanism that will actually enable this asset-backed tokens trading.
To learn more about the Brickblock ICO, the tokens distributions (called BBK) and understand the complete structure of this ecosystem, visit the official website at https://www.brickblock.io/.