The overseas transactions need tremendous transfer and conversion fees. In today’s world, cryptocurrency transactions are no longer foreign concepts in stock markets and investments. In this article, we will discuss a big project — Brickblock.
What Is the Brickblock project?
Brickblock is a blockchain application platform that aims to help investors globally to purchase shares, ETF funds, real estate investment funds, investment in digital money, etc., using various digital money like ETH and Bitcoin without changing it into cash (Fiat).
This blockchain aims to build a transparent and seamless currency infrastructure for real-world assets. Investors can diversify their portfolios using this blockchain. In simple words, Brickblock uses electronic funds like the Real Estate Fund and ETF to evaluate and exchange real-world properties. The transactions on this network are secured, validated, and stored in the owner’s Ethereum wallet.
Need for Brickblock blockchain:
- Geographical trading restrictions like the requirement of a bank account in the transacting country.
- Involvement of high intermediaries and interest rates for traditional REFs, ETFs, and CTFs.
- Difficulty in investing a small investment in a rental property
- High counterparty risk due to the time taken in clearing and settlement, and human trust is the only basis for deals
- Crypto traders could not spread the capital into less volatile assets.
Why Brickblock blockchain?
- Due to the blockchain-based smart contract platform, the traditional cost of ordering and issuing is reduced significantly.
- It allows trusted and quick transactions.
- There is no need for bank accounts or the notion of geographical restrictions.
- This platform allows the investors to invest even a small fund in real estate.
- This platform gives innovative solutions to crypto investors as they can use cryptos for investment in real estate without involving Fiat.
The strengths of Brickblock blockchain
- This platform has provided a clear, transparent, and convenient trading platform for traders and investors with virtual currency.
- The transactions on blockchain technology are straightforward. The system updates automatically and saves investment interest in the user’s electronic wallet. The transactions become more effective and faster.
- The initial investment cost is low on the Brickblock platform, enabling the small and medium traders to earn better income.
- It is an entirely independent trading platform, ensuring the safest and best investment opportunities.
- Investors from all parts of the world can diversify their investment horizons. They can invest their minimum fund in global projects.
How does Brickblock work?
On the Brickblock platform, when a fund is active, they are allotted its “proof-of-asset” (POA) token and denominations. Across regular crypto exchanges (pending listings), these tokens are available. These tokens can be easily opted for by the investors, with a choice of choosing the asset for investment.
The investors have the choice of investment in the coin fund, real-estate fund, or any other available fund. The users earn regular dividend payouts as the underlying fund’s ROI. The most significant advantage of this investment is that investors can use even minimal funds. The investors can earn dividends by purchasing PoA tokens following the underlying fund’s ROI.
Conclusion: Brickblock platform is based on Ethereum and gives investors the facility to invest in electronic fund investment, real estate investment, and ETF investment. A convenient interface is used in the Brickblock for investing conventional and electronic money. The investors can invest even a small fund and earn income in dividends.
The following article will discuss how tokens in the Brickblock platform work. Stay connected for more updates.
Thank You!
