Blockchain technology can optimize the global infrastructure to handle international issues more effectively than existing systems in the current context. Here are all the big advantages that blockchain technology has brought us.
Blockchain in various industries will provide transparency in all categories. For financial transactions, you can monitor the real-time transfer status of Blockchain, rather than knowing what the transaction status is, until the transaction ends. This is a common problem in the current system. Transparency remains unchanged when applied to all values recorded in the blockchain.
Real estate is one of the most stable forms of investment and involves a low risk as an investment mechanism. The total value of the developed real estate is more than $ 228 trillion, which is above the total jointly traded, jointly legalized equity and debt instruments. In 2016, the volume of global transactions reached approximately $ 661 billion. In terms of ownership, loading and transportation, Blockchain offers information security that allows for greater levels of trust and transparency. This allows each part of the property to have its own digital address where all the information about this property can be stored.
Problem
- Most plots and real estate are not registered. The World Bank says that only 30% of land rights are registered or registered around the world and this needs to be changed. In most countries there is no central real estate register (https://www.worldbank.org/en/topic/land).
- The land register and land are currently open for abuse. These are stored in databases or paper forms that can be abused and altered by corrupt officials. These officials often change the records for bribes or help
- Records are not safe from theft or natural disasters such as floods, fires and hurricanes.
- The registry is fragmented and not all inclusive. In England, for example, Scotland, Wales, England and Northern Ireland each have their own registers. More importantly, not all properties are included in the registry. In the UK, only the property over GBP 45,000 that needs to be registered, which means that hundreds of thousands of properties are excluded.
solution
- We build registers for countries in the world that do not have them. Our global ownership registration in Blockchain will provide over 4.5 billion people with sophisticated real estate registers
- Being decentralized and located in the Blockchain, it is secure and can not be misused or manipulated by any party. This is a timeless record with a complete transaction history.
- Records are protected from natural disasters such as floods, hurricanes and fires.
- The Global Property Register is universal and includes everything. All types of properties are entered regardless of their value.
GPR-Vision
A world in which every homeowner can use the value of his property (house or property). Property documents are safe and easily accessible. Fraud on land and property has been eliminated, especially in the developing countries of Africa, Asia and South America.
Mission
We plan to achieve this through:
- Create a global ownership register
- Analysis supported by artificial intelligence to assist real estate owners
- Build a social platform to promote the adoption of state-of-the-art real estate solutions
- Build a real estate exchange in Blockchain, where people can buy and sell real estate
What is the Global Property Register (GPR)?
The Global Property Register (GPR) is a decentralized ecosystem that provides the world with a global list of FIRST blockchains. GPR uses blockchain technology to facilitate the registration of property for people, especially in developing countries. The GPR is the first universal property registry that is global and covers developed and developing countries.
The Global Property Register (GPR) will provide proof of ownership to more than 4.5 billion people (worth $ 20 trillion) worldwide, which are currently uncovered and therefore cut off from the real estate and financial markets. Second, in addition to the worldwide exchange of real estate. This platform will act as an international digital real estate market for all market participants. Third, analytical solutions and tools supported by artificial intelligence are provided to property owners with whom they can make smart decisions and forecasts.
How does the Global Property Register (GPR) platform work?
This platform is based on the Blockchain Ethereum. The Global Property Register (GPR) can be used to protect the rights of landowners by managing a global database of property rights. It has developed a decentralized block-chain system that allows people all over the world to enter their real estate information.
This system is built to be affordable to most land and property owners, unlike the current conventional system. Once the system is fully implemented, it will provide security for those who have it and options to improve their situation.
Global Property Register Product (GPR)
The Global Property Register team has developed the following innovative products on its platform:
- XRX - Socio: social platform for real estate owners. Token advertising system.
- XRX - Title: Blockchain for the registration of property.
- XRX - AI: Artificial Intelligence for Owners.
- XRX - Sale: Exchange of cryptocurrency, through which people can buy and sell real estate.
Global Token Property Registration (GPR)
The Global Property Register (GPR) does not create equity brands that represent ownership of an asset. Instead, the company has decided to offer service brands. This token is called an XRX token. XRX tokens provide access to the GPR platform ecosystem and are available for trading. Tokens will be scattered on the crypto exchange market. Each participant will receive an XRX token after passing the KYC / AML verification.
- Token- / Symbolname: XRX
- Token-Gesamtangebot: 5,000,000,000
- Supply circulating 2,500,000,000
- Sale price token: $ 0.005
- Blockchain used: Ethereum
- Standard-Token: ERC20
- Pra-ICO: Februar 2019
- Soft Cap: 2.500.000 $
- Hard Cap: 25.000.000 $
road map
November 2016: The team and the concept of the Global Real Estate Registry have been created.
December 2016 - May 2017: proof of concept development.
December 2017: Development of business models and white paper.
June 2018. Start with the development of MVP.
October 2018: Completion of the MVP
November 2018: Pre-ICO
February 2019: global roadshow for marketing.
June 2019: ICO
October 2019: US, UK and Nigeria.
October 2020: Brazil, India, South Africa, Pakistan
More Information :
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2609911
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