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Instant Assets Tokens

 interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly. 

 All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology. 

 Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc. 

 An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct. 

 After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. 

 For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics. Today, the project I am going to present you is the Instant Assets Tokens, a better way for make property investment easier through the digitization of assets. 

 

 

 

Introduce IAT

IAT plans to take a leading role in all facets of real estate locally and hopefully globally to make this a reality, starting with disrupting the rental and property market and tokenizing large real estate assets 

 The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and the asset management will be undertaken by our existing management company that is currently operational. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia. 

 

Problems

Despite the potential profits of the real estate market, buyers face numerous problems and limitations. IAT, to maximize benefits and minimize losses people might incur, aims to solve the following through the adoption of the blockchain technology:1. All Round Transactional Costs
The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. We are looking to cut that total costs down by at least half.2. Integrity and Security
The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.3. Transparency of Transfer
Information stored on the blockchain is accessible by all which makes the data transparent and immutable.4. Time and Cost Saving
Blockchain technology simplifies and accelerates the ownership transfer process.5. Restrictions to Foreign Investors
Countries have been known to implement regulations to curb a growing real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from ballooning or forming a bubble.

Utilities & Benefits

The IAT ecosystem encourages the use of NIAT for these benefits.

  • Rental Payment
  • Partner Merchants
  • Purchase of Assets
  • Payment for Asset Management Services
  • Payment for Furnishing
  • Payment for Tax Advisory & Services
  • Payment for Legal ServicesPayment for Agents/Brokers Commission
  • Listing of Assets for Sale or Rent
  • Receiving Rental/Sale Proceeds
  • Receiving Commission for Agents/Brokers

 Despite the potential profits of the real estate market, buyers face numerous problems and limitations. Well, Here it come Instant Assets Tokens.
The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and the asset management will be undertaken by our existing management company that is currently operational. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia.
IAT aims to solve the following through the adoption of the blockchain technology: 

 DefinitionAs I said before, Instant Assets Tokens (IAT) (https://www.iatokens.com/) a real estate tokenization to make the property investment readily available to the masses through the digitization of assets by which the tokens are backed by real-world characteristics.

Goals
The main objective of IAT is to make property investment easily available to the masses through the digitization of assets and expand it to other developing countries with focus first being placed on the Philippines market.
As a secondary goals, IAT aims to make resale and leasing processes more transparency, more integrative and more secure with blockchain smart contracts, and to integrate better utilities for the tokens on the platform which includes paying for furnishing, legal fees and fees for engaging tax auditors as a difference to others competence companies. With this technology, time and costs savings could be improved and finally, it also aims to solve all round transactional costs cutting out inflated costs by at least half.
 

 Benefits

  • Tenants are advised to use the NIAT to pay the rent and will be offered a reduction in the rate.
  • The company will seek to attract several business partners to the IAT ecosystem to increase the possibilities of use.
  • Payment for asset management services Token holders may choose to use the NIAT to pay for our asset management services.
  • The payment for the holders of Furniture Records can opt to use the NIAT to make the payment of the purchase of items for the equipment of their property.
  • The purchase of NIAT Assets can also be used to buy assets and resides within the IAT ecosystem.
  • The holders of Payment Cards for Legal Services may choose to use the NIAT to make the payment for hiring the services of lawyers or legal advisors.
  • Payment for Tax Advice and Services Cardholders can choose to use the NIAT to make the payment for hiring the services of tax advisors.
  • The holders of property tokens for sale or rent can choose to use the NIAT to pay the sales commissions when they publish the goods in the web portal.
  • Asset owners may choose to receive the proceeds of the rental or sale in the form of NIAT.
  • In the event that a commission is required to be paid to the agent / broker, the chip holders may choose to pay the commission of their agent / broker with the NIAT.
  • The Receiving Commission for Agents / Agents / Brokers can choose to receive their commission in the form of NIAT.

 Visit IATokens on :
Website : https://www.iatokens.com
Whitepaper : https://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Twitter : https://twitter.com/IA_Tokens
Facebook : https://www.facebook.com/IATOfficial/
Telegram : https://t.me/iatokens
Bitcointalk Username:  CrazyTapok
Bitcointalk Profile:   https://bitcointalk.org/index.php?action=profile;u=1804986 

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