BrickBlock presents itself as the future of stock trading on blockchain. Being a secure and transparent investment option is the prime focus. It is the first project to connect crypto assets to real world assets. It does that so seamlessly and transparently. It acts as the bridge between crypto and real world assets. It provides a platform for traders, cryptocurrency holders and investors to come together. Here is where they can diversify their portfolios. Users can invest in the real world assets with their crypto assets. From ETF’s and Real Estate Funds, there are a lot of categories. It gives a real opportunity to invest in goods which are not just digital.
Token details:
You can purchase BrickBlock tokens by paying through ETH. The contribution period is limited. Holding the tokens entitles you to mining rights in BrickBlock. BrickBlock tokens help you generate Access tokens. Both Access tokens and BrickBlock tokens are tradable through third parties. The price of the tokens is still unclear. It will be informed during the commencement of the contribution period. You will get the tokens two weeks after the contribution period. BrickBlock tokens are sold only once. They help generate the Access tokens. Access tokens will be required to invest in the BrickBlock platform, thereby creating a demand for Access tokens.
Applications of BrickBlock:
• You can invest in coin funds via BrickBlock. Using coin funds users can invest in a variety of crypto assets. Your trusted fund manager decides the specifics of the portfolio.
• BrickBlock lets you have access to Exchange Traded Funds globally. You can invest in bonds, stocks and commodities like gold, silver, etc…
• You can invest in real estate across U.S, Europe and Asia. The revenue generated form leases will be paid to your Ethereum account.
BrickBlock advantages:
• It allows for 24x7 trading of crypto assets. It eliminates big spreads in assets, when exchanges close.
• The existing system accounts for settlement process of two days. You can seal the deal with fraction of costs and money.
• Since the system does not mandate bank accounts, you can invest without borders. You will not be discriminated on basis of your geographical location.
• The movements and trends in securities are completely transparent. The traders can track performance of securities via dedicated API.
• The real world assets can also happen in form of physical cold storage. The dividends are linked to self-triggered smart contracts.
• Being asset-based tokens, your holdings transfers the risk to real assets. You don’t have to exchange your tokens to fiat for security and avoiding fee and waiting times.
Tech involved:
BrickBlock works on top of sophisticated blockchain through use of smart contracts. It ensures secure and transparent transactions. Smart contracts combat the risk of downtime, third party interference, and fraud. Blockchain helps in automation of all the functions and processes in the platform, not only this, they are trackable and auditable. The transactions have backups on private blockchain and can be made available to public too.
Team:
The two co-founders of BrickBlock are Jacob Drzazga and Martin Mischke. Jacob is a real estate developer himself, who witnessed obstacles and hidden fees in traditional payment solutions. Martin specializes in Fintech working space and has worked on reputed blockchain projects before. Following the news and social media channels of the project, I have seen the team actively developing and marketing the project that is a great sign for the project and investors.
BrickBlock’s Official Pages:
Please Find the official links to the Brickblock’s pages and social media channels below to stay up to date with the development and the progress of the project at any time:
Website: http://www.brickblock.io/
Whitepaper: https://github.com/brickblock-io/whitepaper-general
Blog: https://blog.brickblock.io/
Facebook: https://www.facebook.com/brickblock.io/
Twitter: https://twitter.com/brickblock_io
Telegram: https://t.me/joinchat/AAAAAERj-_1p8AktrkESlQ
Linkedin: https://www.linkedin.com/company/18035479
Kind Regards!
