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ICO «bloquid»

«Real Estate»

Upcoming
4.11 (2 votes)
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ICO «bloquid» Added to the List:

January 26, 2018
Community Member:

George Zhukov

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ICO Description

Bloquid opens up a fundamentally new opportunity for tokenization of mortgage, which annual issue volume is estimated at $ 4 trillion. Project allows real estate owners to get a stable crypto asset – Mortgage Unit

Investments in real estate and gold have traditionally allowed investors to offset inflation risks, which the fiat currencies are exposed to. It is quite logical to expect the onset of proof-of-mortgage tokens, since real estate is the most valuable private and distributed asset.

The system of collective issuance management developed within the framework of the Bloquid project makes it possible to reduce several intermediate stages that are usually necessary for the issue of mortgage-backed securities, as well as to obtain a new type of asset that is secured by mortgage and has collectively programmable characteristics.

Distribution is the key factor of stability. An owner of MU token can reduce both costs of inflation and risks of fluctuations in national real estate market, because each token MU is backed by a share of the entire distributed mortgage fund located in different jurisdictions.

Near-zero loan service costs and flexible due dates reduce the risk of default. Low risk of losing a mortgaged asset and simplicity of loan taking are significant factors of expectation of growth in popularity of the proposed solution among the property owners who need additional investment resources.

The use of blockchain technology makes it possible to preclude data tampering, dramatically increase transparency, cut costs and provide mass tokenization of mortgage claims. Bloquid, as the provider of the tokenization, will publish information on the composition of the mortgage fund, the scope and commitment period of obligations, defaults statistics, so that any concerned party can more accurately assess the risk of the proof-of-mortgage token possession.

✅ ICO bloquid VIDEO PRESENTATION

Video

ICO Details

ICO «bloquid» Stage Start: October 1, 2018

ICO «bloquid» Symbol: BQT

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ICO Website
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