Investing Without Overheating
Hailed as a technological tour de force, the blockchain is a distributed, decentralized, and disintermediated public ledger system pioneering groundbreaking innovations in financial transactions. This technology is also eliminating the traditional barriers that often restrict the publics participation in profitable investment opportunities. Utilizing this technology, Elements Estates is throwing open the doors to real estate investment opportunities based on a cultivated portfolio of distressed assets. With most financial institutions now eager to clean up their books by selling distressed assets at well below market value, Elements Estates is tapping into a lucrative investment opportunity.
Elements Estates blockchain-based platform is governed by smart contracts and crowd wisdom. Smart contracts ensures that the terms of every transaction is executed according to agreement. All transactions are recorded to the blockchain for full transparency and accountability. Investors will be able to follow up on the status of all properties in the portfolio, vote on properties to acquire, renovate, sell, or rent, and easily exchange values without usual intermediaries. By eliminating third-party mediators, Elements Estates is ensuring a levelled and sustainable playing field with sound fundamentals for the real estate industry.
Now its only a matter of time and patience for countries to provide the full digitalization of land registries. After that, the Elements Estates platform functionalities and opportunities will grow to new heights and even the sky wont be a limit.
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https://medium.com/elementsestates/how-the-real-estate-industry-got-its-fundamentals-wrong-4b72cc8f52ac