Quote from: Jolly_Trader on July 04, 2018, 10:23:15 AM

1) Not all countries will get accustomed to this because of problems with the legislation.
2) And why do we need a blockchain for these purposes?

I don't believe in their success.

Hi Jolly_Trader!

I completely understand your skepticism. I'll try to answer your sentiments in the best way I can.

1. This is true. There are countries out there that have very strict regulations on the usage of cryptocurrencies. But it is also a fact that there are countries who are lenient when it comes to this. The first rule of marketing is you cannot target everybody. You can only create a strategy that targets a specific segment. That is the reason why crypto payment is just ONE of the options buyers can choose from when paying for their properties using AQWIRE. This option is for buyers with the ability to use cryptos for payments.

Qwikwire, AQWIRE parent company, has already been processing cross-border payments for real estate. We process Debit card, Credit card, and even ACH payments. This gave us a leeway to incorporate the AQWIRE platform with Qwikwire so we can accept payments as such through the platform. Our partnership with SCI was a way for us to include crypto payments in our payment options.

With this, buyers will have the freedom to choose from Debit/Credit card, ACH, or Crypto to settle their payment from their property developer, be it for reservation fee, monthly amortization, or association dues.

2. This is a very nice question. Using blockchain to empower AQWIRE is not just for the sake of having a buzzword in our tagline. The reasons why we are betting on the technology are the following:

- Processing documents like translations and legal will be much more efficient through blockchain
- Smart Contracts automates the verification of transactions, thus reducing unnecessary intermediaries
- Efficient and more reliable property search process through blockchain-enabled international listing platform
- It helps with escrow transactions, title registry, and transfers
- Key terms of the sale agreement will be recorded on the blockchain and this becomes the smart contract
- Help with booking and reservations, payment validation, and blockchain KYC.

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With so many scam ICOs, it is very normal to doubt one's project success. But we believe our rigorous efforts to develop the AQWIRE platform will soon pay off. Thank you so much for engaging in a conversation with us. I truly hope I answered your questions. Have a nice day!