Global Property Register

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Hello everybody, this new dipostingan I want to introduce about the Global Property Register (GPR) project, and for more details let's just go to the following discussion:

What is Global Property Register (GPR)?

Global Property Register (GPR) is the FIRST universal real estate register that will be worldwide in nature, covering both developed and developing countries. It will provide proof of ownership for the over 4.5bn people ($20trn value) around the world who are currently are not covered and hence cut off from the real estate and financial markets. Secondly, it will in addition provide a global property exchange. This platform will serve as an international digital real estate marketplace to all market participants. Thirdly, analytical solutions and tools powered by Artificial intelligence will be provided to property owners enabling them make wise decisions and projection. Finally, to educate the populace a social network for users of the platform will be created.

Problems

Blockchain technology has the ability to optimize global infrastructure to address international issues more effectively than existing systems in the current context. Here are all the great benefits that Blockchain technology brings us.

Blockchain in different industries will provide transparency throughout the categories. With a financial transaction, you can observe real-time Blockchain transfer status, instead of not knowing how the transaction status is until the transaction ends, a common problem in the current system. Transparency remains unchanged when applied to all values recorded on Blockchain.

One advantage of Blockchain technology over existing systems is the ability to remove intermediate units by allowing people to deal directly with each other instead of going through certain third parties. This helps billions of people who are living in countries where they cannot trust intermediaries because of decaying government, high crime rates, charter businesses, and operations, Manual record keeping or legal options are very limited.

Blockchain allows the development of primary and secondary trading platforms for securities and real estate "often brings new possibilities to limit previously by creating more liquidity and ease of access for homes. sponsors and publishers

Global Property Register is a decentralized ecosystem that provides the first global blockchain world. We leverage blockchain technology to make asset registration easier for mankind, especially in developing countries. Global asset registrations (GPR) are the first global real estate registrations that will have a nature all over the world, including developed and developing countries. It will provide evidence of ownership for more than 4.5 billion people (worth $ 20 million) worldwide that are not currently covered by insurance and therefore cut off from the financial and real estate markets. It will also provide a global asset exchange. This platform will serve as an international digital real estate market for all market participants.

Benefits of the project

Real estate is notably one of the most stable form of investment and it involves a little amount of risk as an investment mechanism. The global total value of developed real estate is over 228 trillion USD, which is higher than the total global traded equities and securitized debt instruments put together and in the year 2016, its global transactions volumes reached about 661 billion USD.

By maintaining an immutable record of property ownership, encumbrance and conveyance, blockchain can provide a certainty of information that allows for a greater level of trust and transparency. It can allow each piece of property to have its own digital address where all information relating to the property may be stored.

This would include financial information, leases, taxes, bills, liens, easements, building performance, physical characteristics and the transaction history relating to the property, potentially eliminating the need for expensive in-depth title searches.
Crucially, all property level information can be encrypted in such a way that only those with permission by the property owner (or agent lender, in the case of a mortgage loan transfer) can be allowed access.
Prevention of Fraud - All transactions that occur on the on a blockchain platform will be cryptographically signed and auditable. The use of timestamps with consensus mechanism on the blockchain has the ability to prevent double booking/selling of the same property unit, which is a common problem when a property is being listed by diferent brokers.

Products and solutions

Global Property Register Mobile APP

You can use everything when participating in their ecosystem. Then, along with your smartphone and internet connection, you can upload land information or any other property on their blochain register.

This app is user-friendly, easy to understand and gives you up-to-the-minute updates. The app provides you the following benefits: Global asset search, attribute dashboard, analysis provided by Artificial Intelligence, property

registration on Blockchain registration. This application will soon be released and run on Windows, Android, IOS, ...

Solutions

They have experts in providing the best and reliable blockchain-based real estate products. Our experts understand the different requirements of the real estate market and try to provide the most effective solutions. They will provide the following solutions.

Our Products

Our expertise lies in providing the best and reliable blockchain based real estate products. Our experts comprehend the divergent requirements of clients and strive to provide them with the most effective solutions. So that XRX is providing following Products.

XRX - Socio

Social Platform for property owners. Token reward system.

XRX - Title

Blockchain register for property ownership – Token reward.

XRX - AI

Artificial intelligence for property owners.

XRX - Sale

Cryptocurrency exchange that enables people to buy and sell property.

Details about token

Similar to some other blockchain projects, they also provide the code for their project, XRX token. Tokens provide access to the ecosystem of GPR solutions and will be traded once listed on the exchanges.