You may have wondered how we manage to offer real estate in so many small pieces without incurring huge costs.
Well, behind the scenes we have developed a new technology that automates and secures the entire process. In this way, with just one minimum cost all transactions and disbursements automate and secure. This is how we make it possible for everyone to invest in real estate.
As an investor, you do not need to be a technology expert to invest. Anyone can monitor investments and purchase new tokens from their computer or mobile phone.
For the technology lovers The immotoken technology consists of 2 parts:
Smart contracts are the digital codes used to exchange assets such as money or real estate without the intervention of third parties. They are therefore fully automated or self-executing contracts that record the agreement between two parties using code. Thanks to this technology, it is possible to buy real estate online without having to sign and forward contracts every time! All investments are then legally processed and managed correctly!
Read more here smart contracts
Blockchain technology can be seen as a large digital database that is not managed by a single party (as is the case with traditional banks) but by the large number of computers connected to it. These connected computers check every transaction that takes place. This creates a long chain of immutable and unbreakable information, which is also encrypted using a complex mathematical procedure. This makes it virtually impossible to defraud the data. Immotokens uses this technology to prevent fraud or theft of immotokens. Only by following the correct procedures can you come into possession of an immotoken! This is also an essential part of allowing the entire process to run digitally and automatically.
Read more here blockchain in real estate
