BrikBit Digital Shares is a blockchain-based ecosystem that develops and manages entire operations for the Real Estate industry. Within the BrikBit ecosystem all shareholders involved in the Real Estate projects will be able to use the potentiality of blockchain technology to automate, disintermediate and make more transparent both typical and implicit processes during all steps of a Real Estate enterprise, such as fund collection, design, creation and management.
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BrikBit is the first blockchain-based ecosystem that develops and manages entire operations for the Real Estate industry. Within the BrikBit ecosystem all shareholders involved in the Real Estate projects will be able to use the potentiality of blockchain technology to automate, disintermediate and make more transparent both typical and implicit processes during all steps of a Real Estate enterprise such as fund collection, design, creation and management. Each Real Estate project will be able to create its own blockchain (as a BrikBit sidechain) with its own rules and features, according to the country and legislation of the project itself.
The “digital objects” representing the Real Estate developments created by the BrikBit platform are called REDA (Real Estate Digital Asset). The creation of a REDA, representing the value and main features of properties, can create new managing openings and concrete gaining opportunities for all players in this industry. The introduction of the blockchain will be the innovative aspect that will characterize the new ecosystem, making it safe, univocal, flexible and efficient.
Work in Real Estate
Alex is an electrician working in the construction industry, operating in different construction sites. He wishes to participate to different R.E. ventures as a supplier, but the procedure and guarantee he needs to follow to access direct investment do not allow him to invest or buy into any R.E. ventures.
Buy a property
Bruno is a young clerk living in a medium-sized town. He would like to partake in a Real Estate enterprise to be a future home- owner. His savings are not enough to cover the minimum entry-fee to buy an apartment, and his job contract is not enough of a guarantee to get a mortgage.
Share renovation costs
Carla inherited from her grandparents an historic family house, a wonderful villa with Italian gardens, stables and a 10 ectar park. After a first due diligence she cannot afford to cover all expenses alone.
BrikBit Social Professional Network
The first step of the BrikBit project is to develop and spread the awareness of blockchain technology to the Real Estate community. Many key players of the sector are very keen and eager to enter into this very exciting and promising field but have little or fairly no experience and expertise to properly step into
the new technology. BrikBit Social Professional Network is a virtual square and meeting point for the whole RealEstate community to move the first steps into the Real Estate blockchain world. BrikBit Social Professional Network is a business-oriented social networking service that operates via WebApp allowing members (investors, industry operators, designers, owners, etc) to create profiles and “connections” to each other in an online social network.
BrikBit is the standard platform that will offer a dedicated and custom made software to manage safely all information creating value within each Real Estate project. Lisk is the reference DPoS system for the BrikBit platform and its blockchain will coexist within the Lisk blockchain as its sidechain. The BrikBit team is certain that the DPoS (Delegated Proof of Stake) system can represent a valid and more efficient alternative to the current dynamics of consensus management, typical of modern organisations and for profit corporations.
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