Instant Assets Tokens - When Owning A House Becomes Easier Through Blockchain Technology

Introduction

Needless to say, owning a house is pretty easy as long as you have enough money. That is because there are many real estate services, brokers or agents who can help you to buy a property with an ease. Real estate market, hence, used to have a good time when there are many people become richer by way of real estate investment. However, there are plenty of barriers such as high cost of apartment listing despite the fact that real estate is a very potential sphere. That is the reason why Instant Assets Tokens (IAT) decided to develop blockchain technology in this area for eliminating the traditional barriers.

What is IAT?

IAT is a potential consensus protocol project, which uses state-of-the-art blockchain technology with the purpose of digitization of assets so as to address all real world challenges in property investment aspect suchlike lack of transparency throughout process framework which emerging countries are currently facing. In addition, IAT can help to clarify the transfer of asset ownership thanks to transparency characteristic of blockchain. Besides, in any blockchain project’s ecosystem, token is an indispensable element for the purpose of operating the whole network. Instant Assets Tokens is not an exception, the project issue its own native token which is ERC-20 based token called IAT. Besides IAT, Instant Assets Tokens also announced NIAT – an abbreviation of Native Instant Assets Tokens which is a local token equivalent of the IA Tokens. More importantly, this NIAT will not be minted and can only be purchased by IAT. Furthermore, in order to avoid volatility of cryptocurrency sphere, which can bring bad experience to end users, NIAT will be pegged against country’s native currency, meaning that every country which allow NIAT to circulate will have their own NIAT.

How Instant Assets Tokens Can Be Helpful For Real Estate Ventures

Let’s imagine how much effort regarding time to find a suitable brokers or agents an owner have to spend when they want to sell their property. With IAT platform that is already in beta test, owners is be able to spend less than 5 minutes to list assets for sale or rent. Not over yet, hotel owners usually have to pay twenty percent of their turnover for Airbnb to be able to list on their website. In contrast, IAT platform only charge 5% on successful reservations. In addition, you can see many false listing on Airbnb that can make user experience become worse and the reputation of website considerably reduced. Therefore, IAT will charge a nominal fee in order to avoid this circumstance. Additionally, all of this fee will be charged in NIAT. Another problems tenant buyers can confront that is fraud real estate agents who can scam them and steal their money. Knowing that issue, IAT partnered with the most creditable real estate agent, for examples, Sage Solutions Philippines with US$16 million partnership signed or Asia Pines Philippines with respect to US$100 million contract signed. This cooperation means that IAT will prioritize only honorable companies specialized in real-estate to be listed on their website. More importantly, all of the deals of both asset owner and individual will be coded in smart contract and safely encrypted, meaning that no one can know the information of this deal except this two parties. These worthy partnerships of IAT plus the help of smart contract in IAT technology, individual can put their trust when looking for their expected apartments on IAT platform.

IAT Roadmap

Another point worth noting is roadmap of Instant Assets Tokens. The project is well prepared from the beginning of 2019. In specific, they developed concept of IAT platform in January 2019. Besides, they also prepared all of the legal documentation regarding asset acquirement four months later. In august 2019, they obtained the first achievement when acquiring the first real estate worth US$10 million. At the end of the year, there will be an important event of IAT which is to form new real estate deal in December 2019. What’s more, 2020 will be a busy year for the project while IAT token will be officially launched on top exchanges and beta version of IAT platform is also available for user to experience in Q1/2020. Lastly, Instant Assets Tokens will expand their business to 2nd market and 3rd market in Q3/2020 and Q1/2021 respectively.

Conclusion

Among a real estate market that is gradually saturated with fraud and non-transparency activities between brokers/agents and clients, blockchain techonology is definitely necessary for the market to go up. Understanding this matters, IAT determine to create a clarity top-notch platform with the supportive of all largest real estate agents with the purpose of making the real estate market become great again. Along with the leading of experienced board of management, it will be no surprise that the project is also going successful not only in short term but also in long term.

Reference

Website: https://www.iatokens.com/
Twitter: https://twitter.com/IA_Tokens
Facebook: https://www.facebook.com/IATOfficial/
Telegram: https://t.me/iatokens
Telegram Announcement Channel: https://t.me/iatokensann
Reddit: https://www.reddit.com/r/IAToken/
Medium: https://medium.com/@IATokens
Linkedin: https://www.linkedin.com/mwlite/company/instant-assets-tokens

Author: leader2704
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1511870