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PayBito Brings Forth Real Estate Exchange Infrastructure With Global Collaboration Plans

BlockchainCryptocurrencyNews
By AIT News Desk On Dec 21, 2020
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PayBito ventures into the world of real estate by presenting its real estate exchange infrastructure with plans of global collaborations within the real estate domain.

The leading global cryptocurrency exchange, PayBito brings forth its highly advanced and scalable blockchain-based real estate exchange and has divulged plans to initiate collaborations within the property sector with global leaders.

The crypto enterprise has plans to deploy systems that would streamline and improve the traditional process of property trade with blockchain implementation, and expand real estate investment opportunities within the industry through tokenization of property.

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“The convergence of blockchain and real estate neutralizes the age-old constraints within the system, which when leveraged by global players within the property industry will increase the opportunities for institutional and individual investment,” commented Raj Chowdhury, Managing Director of PayBito.

  • PayBito’s Blockchain-Based Real Estate Exchange:

PayBito’s blockchain-powered real estate exchange aims to create a decentralized marketplace for real estate assets, by facilitating seamless trade and expansion of investment opportunities for global investors. The blockchain platform will enable the tokenization of real estate asset, by dividing the property into multiple shares and then tokenizing the same.

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This will allow fractional or shared ownership of the real estate, thus bringing the capital barrier for investors. The buying and selling of the tokenized property will take place over the scalable real estate exchange, where users can trade just like in crypto exchanges. The only difference will be crypto assets will be replaced by property tokens.

Blockchain being the underlying technology will fortify the infrastructure with transparency, efficiency, immutability, enhanced security, and increased accessibility.

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AIT News Desk

AIT News Desk is a trained group of web journalists and reporters who collect news from all over the technology landscape. The technical space includes advanced technologies related to AI, ML, ITops, Cloud Security, Privacy and Security, Cyberthreat intelligence, Space, Big data and Analytics, Blockchain and Crypto.
To connect, please write to AiT Analyst at news@martechseries.com.

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