DOMINIUM is a multi-lingual property platform that uses blockchain technology to the benefit of property owners, investors and managers by providing a single, decentralised marketplace for all property related activities. DOMINIUM is being developed by property professionals with decades of experience and several hundred million euros’ worth of property under management.
The Dominium platform is built on an Ardor child chain. This child chain decentralises the trade of assets and places rental agreements, purchase agreements, property management tasks, and more on the blockchain. The Dominium property platform will allow users to list, trade, finance and manage property assets utilizing a suite of tools, with all activities safely recorded on the blockchain. Business tools will include full Client Relations Management, project management and maintenance systems. As third-generation blockchain technology trends towards asset-backed tokens, Dominium and its native DOM utility token offer a unique framework for standardized legal templates, property related funding, and creation of property assets, all immutably stored on the blockchain.
The global real estate market is worth 217 trillion USD but has antiquated technologies, is subject to complex regulation and limited by centralisation from authorities, agents and financial institutions. Languages and financial barriers also affect the market, making it a lucrative but often inaccessible space.
By placing property finance, listings and property management on the blockchain and by providing a multi-lingual platform with standardised regulatory compliant documentation, the market is opened to multiple nationalities, affordability levels and listing agents. Real estate finance, management and trade are thus facilitated and simplified.
WHY DOMINIUM ?
By placing property finance, listings, and property management on the blockchain and by providing a multi-lingual platform with standardised regulatory compliant documentation, the market is opened to multiple nationalities, affordability levels and listing agents. Real estate finance, management, and trade are thus facilitated and simplified.
- Dominium offers two main platforms as services. The main platform is for investing in real estate. Investors can participate in the market with as little as one share or token, opening up real estate investment to anyone through the decentralized Asset Exchange. This will allow fully fluid peer-to-peer fund trading between investors without the need of a fund manager or outsider. Clearly, all users need to be identified and whitelisted to ensure adherence to jurisdictional regulation.
- The second platform offered by Dominium is an utilization of blockchain technology for managing individual properties. Property managers, tenants, agents, and real estate professionals can record information on the blockchain. As a result, this fully decentralized information is genuinely transparent, impenetrable, and unchangeable by parties interested in recording information to their benefit. Full property and renter transparency, with blockchain handling the main part of the recording work, will make every part of the property management and rental business smoother and more advanced.
BENEFITS OF DOMINIUM
The users of Dominium ecosystem will have an opportunity to use one of the latest and modern technology to find reliable information about the real estate industry. Clients will be able to modernize their technology so as to provide quality services. This is an International platform that will enable everyone to finds the most desirable real estate services from many parts of the globe. Real estate firms will have a reliable partner who will help them manage the property and provide the most exclusive and quality services. Users, on the other hand, will be able to find the most reliable information concerning the property they need. The entire property on the platform will be standardized where everything will be accessible every minute.
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Author : adempostaci
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