IAT: Troubleshooting

IAT: Troubleshooting

After we learned in the first article of the IAT project what its decision is, what kind of aunts are playing and what NIAT is, it's time to talk about the same problems, difficulties and limitations that interfere with real estate market participants, and how they can be solved using the IAT platform, tokens and local NIAT tokens.

Recall that the IAT platform uses blocking technology to provide real and current market participants with the ability to transparently, quickly and reliably post transactions, and IAT tokens will be used to tokenize this property.

Cost reduction

The cost of real estate transactions, such as sale, purchase or lease, often includes not only the value of the property itself, but also the services of various intermediaries (brokers, agents, realtors), as well as taxes, and therefore the final price of the property is changed to 17 -24%.

As a result, either the owner of the property must lose a significant part of the profit by paying for the services of intermediaries and other expenses, or the buyer (tenant) of real estate is forced to overpay for his purchase (rent) up to 24% of the original value.

The task of IAT is to reduce the cost of intermediate services, which reduces the cost of buying, selling and renting at least twice. Thanks to the technology of blocking and symbolizing real estate using IAT tokens, property owners and their counterparties from among buyers and tenants will be able to save some of the funds that can be used for other purposes.

Save time

A solution, such as the symbolization of real estate with the help of IAT, is another important advantage - the possibility of saving time. The problem is that in order to carry out a real estate transaction, in addition to a large amount of money, you have to spend a lot of time, up to several months, no matter what this operation is, of course, if it is about large transactions, rather than about household leases housing.

Such a long period of registration of the transfer of rights to immovable property is primarily connected with the participation of third parties that perform various intermediary functions, as well as the need for verification and documentation. The IAT platform will provide real estate market participants with full functionality related to operations, which will significantly reduce the time of their implementation.

Elimination of restrictions for foreigners

It is generally accepted that governments of all countries create restrictions on the purchase of real estate by foreign investors. Such measures are introduced to prevent uncontrolled growth of the market, slow it down and prevent the real estate market from turning into a soap bubble.

Tokenizatsiya real estate using IAT tokens and individual tokens for each country - NIAT, tied to a particular real estate market and a specific national currency, will be an effective way to get rid of the negative consequences of imposing restrictions on the purchase of foreign real estate,

Fighting fraud

For the whole existence of the real estate market, its unscrupulous participants who want to make money by deceiving people have developed a variety of different fraudulent schemes that begin with the sale of real estate for both clients simultaneously and end with "air traffic" when a real estate company or a person who does not sell real estate, has nothing to do with this.

Unofficial statistics show that every 10-12 deal with real estate is either completely fraudulent or has signs of deception and abuse by one of the participants in the transaction.

Scammers have received such wide opportunities to deceive when working with real estate because of the lack of full transparency regarding the same transactions or property rights to specific real estate. The task of IAT is to eliminate any possibility of fraud with housing, ensuring a high level of transparency of all operations and information using locking technology.

In addition to the fact that information about real estate and all previously performed transactions is stored in the locker absolutely open, so that any user can at any time obtain reliable data on property ownership, this information also can not be damaged in some way, by deleting or change of unauthorized access or hacking, therefore, scammers will not be able to deceive the second side of the transaction.



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Penulis : Dedijunaedi
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