Global Property Register - The First Universal Real Estate Register That Will Be worldwide in Nature
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Global Property Register (GPR), the FIRST universal real estate register that will be worldwide in nature, covering both developed and developing countries has arrived.
"Blockchain technology has thus far been the true star of the cryptocurrency revolution. Although the value of popular digital coins like Bitcoin and Ethereum have been in near-constant flux in recent months, the technology that powers them has been making headway into industries of all kinds all over the globe. Naturally, some of the earliest adopters of blockchain technology are in the fintech sector, but they’re far from alone.
There are already functional, blockchain-powered platforms bringing disruption to industries ranging from global shipping to diamond mining, and that’s just the beginning. Lately, though, blockchain technology has been making some visible inroads into another, enormously valuable market: real estate. Here’s what’s happening.
One of the primary friction points in global real estate markets is the complex and lengthy contract procedures that one must go through when a property changes hands. The existing legal frameworks that govern real estate transactions generally mean that the transaction itself must be reviewed and executed by a series of intermediaries such as real estate agents and lawyers that can not only interpret and verify the language of the legal documents, but also verify that the predetermined conditions have been met. That process does work, but it adds additional layers of costs and delays to the transaction."
With that being said, the Global Property Register platform will serve as an international digital real estate marketplace to all market participants and analytical solutions and tools powered by Artificial intelligence will be provided to property owners enabling them make wise decisions and projection.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is Global Property Register?
As depicted earlier and as indicated on the official website of Global Property Register (GPR), Global Property Register (GPR) is the FIRST universal real estate register that will be worldwide in nature, covering both developed and developing countries.
In addition, Global Property Register - is a new generation of the real estate market, using modern technologies and tools, with which it will be possible not only to fix each subsequent property, but also to purchase it on a simplified system through the internal token platform.
Global Property Register is a new kind of already obsolete old system of the real estate market. Global Property Register is able not only to assess real estate, but also to control the entire list of necessary documents, legal certificates and other references at the legislative level, in order to ensure maximum transparency at all stages of the transaction, as well as to eliminate various bureaucratic costs.
The Vision
A world in which every homeowner is able to leverage the value of his or her real estate( house or land). Property documents are secure and easily accessible. Land and property fraud is eliminated especially in developing countries of Africa, Asia and South America.
The Mission
Global Property Register plans to achieve this by:
Building a Global Property Register
Artificial Intelligence powered analytics to support property owners
Building a social platform to promote adoption of state of the art real estate solutions
Building a blockchain property exchange where people can buy and sell property
The Products
Global Property Register expertise lies in providing the best and reliable blockchain based real estate products. Global Property Register experts comprehend the divergent requirements of clients and strive to provide them with the most effective solutions. So that XRX is providing following Products.
XRX - Socio
Social Platform for property owners. Token reward system.
XRX - Title
Blockchain register for property ownership – Token reward.
XRX - AI
Artificial intelligence for property owners.
XRX - Sale
Cryptocurrency exchange that enables people to buy and sell property
Global Property Register APPs
Global Property Register Mobile APP
Once you’ve entered into the ecosystem, you can manage everything.
Anyone with a smartphone and an internet connection can use our solutions and upload his/her land or property on our universal blockchain register.
The user-friendly app will be easy to understand and gives you up to the minute updates. Here is a short list of other benefits this app will provide you.
The Benefits
By maintaining a consistent record of ownership, expense and transfer, the blockchain can provide certain information that provides a higher level of trust and transparency. This can allow each property to have its own numeric address, where all information related to the object can be stored.
This will include financial information, rent, taxes, bills, promises, comfort, building performance, physical characteristics, and a history of transactions related to property, which potentially eliminates the need for in-depth and expensive name searches.
It is important to note that all information about the level of property can be encrypted in such a way that only those who, with the permission of the property owner (or creditor agent, in the case of a mortgage loan), can obtain access.
Prevention of fraud - all transactions that occur on the blockchain platform will be cryptographically signed and verified. Using a timestamp with a consistent mechanism on the blockchain prevents multiple bookings / sales of the same property unit, which is a common problem when properties are registered by different brokers.
Global Property Search
Property Dashboard
Analytics Powered by Artificial Intelligence
Registration of Property on Blockchain Register
Token Details
XRX Wallet will be an investor’s all-inclusive wallet for all financial transactions. Our wallet Integrated into the account of each user.
Name: Global Property Register (GPR)
Exchange Rate: 1 XRX = 0.005 USD
Soft Cap: 2,500,000
Hard Cap: 25,000,0000
Total Token Supply: 5,000,000,000
Token Standard: ERC20
Pre-ICO: Feb 2019
ICO: June 2019
Distribution of tokens goes thus:
ROADMAP
November 2016
Global Property Register team and concept established.
Dec 2016 - May 2017
Proof of concept development.
December 2017
Business Model & Whitepaper development.
June 2018
Work commenced on the development of MVP.
October 2018
Completion of MVP
November 2018
Pre-ICO
February 2019
The global roadshow for marketing.
June 2019
ICO
October 2019
USA , UK , Nigeria.
October 2020
Brazil, India , South Africa , Pakistan
Meet The Amazing Team
Greg Pwol: CEO and CTO
Victor Mbotor Elemi: CMO - Chief Marketing Manager
Choji Tosanwumi Pwol: CDO - Chief Development Officer
Anurag Gautam: Advisor
Advisors
Li Yang: Advisor - Artificial Intelligence
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://globalpropertyregister.io/
Whitepaper: https://globalpropertyregister.io/wp-content/uploads/2019/03/revised-wp2.pdf
Facebook: https://www.facebook.com/groups/2197740737180635/
Twitter: https://twitter.com/GlobalRegister
Medium: https://medium.com/@globalpropertyregister
Telegram: https://t.me/globalpropertyregister
Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.