Real Estate Is Put On The Blockchain For The First Time By Brickblock

Real Estate Is Put On The Blockchain For The First Time By Brickblock

Experienced real estate investor plus developer Jeff Woodward has been included by Brickblock, the investment platform connecting cryptocurrencies and

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Experienced real estate investor plus developer Jeff Woodward has been included by Brickblock, the investment platform connecting cryptocurrencies and real-world assets, to its workforce as CIO (Chief Investment Officer). Jeff’s career in real estate has spanned 25 years in which more than £700 million has been secured by him. Some interesting real estate projects including social housing will be brought onto the system by Jeff’s inclusion to the team. Brickblock is going to accomplish a world-first in the month of December and this will be carried out with the sale of an entire apartment construction on the blockchain. A platform is being developed by Brickblock using which the crypto assets can be diversified by the retail investors into real estate funds, real estate, ETFs (exchange-traded funds), and passive as well as active coin funds and for this, no money needs to be exchanged into flat currency. Apart from enhancing global accessibility to real estate investment, this will likewise aid in minimizing the cost barriers significantly which proved to be an obstacle for people to invest in the past. It is certainly very exciting for the real estate world to marry the goals and technology of Brickblock with the experience of Jeff. The retail investment process is being totally reshaped by us. According to the co-founder of Brickblock, Jakob Drzazga, this is going to include the way in which individuals invest in real estate and also the amount required for the investment. There is no need for any minimum investment amount and the charges can be reduced considerably by using the Smart contracts as well as the blockchain. In this way, the real estate investing world is going to be opened up to the folks who were unable to participate previously. As per Jeff Woodward who happens to be the CIO at Brickblock, it couldn’t be more thrilling than to join a workforce that is, in fact, transforming the real estate scenario. Many individuals might think that blockchain and real estate investing might appear to be unrealistic or too technical, however, these opened up to a much broader audience after being simplified via Brickblock and the blockchain. The appointment of Jeff is actually a part of the recent speedy development of the Brickblock workforce and its informative panel of professionals. US$ 1 million was raised by the organization in the month of August and its crowdfund ICO is going to take place on 31st October. The ICO whitelist registration is currently open.

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