Three of the hottest technologies currently on the market are Blockchain, Artificial Intelligence (AI), and Virtual Reality (VR). Each one, individually, is worth mentioning. However, putting all three of them together creates a solution of epic proportions, of which one must take note.
Another technology that is extremely hot nowadays is the cryptocurrency. In 2017, ICOs raised about $4.9 billion, and the market is only growing! When thinking about different markets that can benefit from the use of cryptocurrencies, one market to pay attention to is Real Estate. Fortune Magazine, in their January 2016 article titled ‘How Critical Real Estate is to the Global Economy’, states that the total global property value is $217 trillion and that residential property makes up about 75% of the total value. Deloitte, in their article titled ‘Impacts of the Blockchain on Fund Distribution’, stated: “A survey from the World Economic Forum highlights that financial services will be transformed by this technology with expectations of at least 10% of the global GDP being stored on Blockchain platforms by 2025.”
The above realization leads one blockchain company to develop a one of a kind solution, which leverages all four of the technologies mentioned above to fill a need in the Real Estate Industry.
Acquaint developed an on-chain asset trading platform for Real Estate transactions, which leverages Blockchain Technology, Artificial Intelligence, and Virtual Reality to provide a one-of-a-kind online marketplace. They have also created their own branded token to facilitate extremely low settlement costs when used on their platform. Major cryptocurrencies, such as Ethereum and Bitcoin, will also be accepted on the Acquaint platform.
Acquaint is being built upon the best features of cryptocurrencies, providing fast transactions, lower fees (1% versus the industry standard of 5-7%), and low cross-border transactional friction. The platform will enable the sale of Real Estate assets to a growing worldwide audience of cryptocurrency holders. The Acquaint token will also have an intrinsic value, which will be attractive to people looking to invest in a diverse portfolio of cryptocurrencies.
The belief, behind the creation of Acquaint’s innovate platform is that for cryptocurrencies to achieve mainstream adoption, traditional commerce with real-world assets (such as Real Estate) need to integrate seamlessly with Blockchain payments. The only way for that to happen is by implementing peer-to-peer transactions within a tightly regulated platform that looks out for the best interests of both parties.
Besides blockchain technology setting out to disrupt the electronic payment industry, developments in various sectors such as Real Estate, Cyber Security, and Health Care, all speak of the more significant opportunity there is to give individuals control over the governance of their data. As a result, Acquaint’s founders envision a chance to integrate Artificial Intelligence (AI) with smart contracts to ensure maximum security and authenticity of the data deployed to the blockchain. Acquaint is also developing strategic relationships with innovators in the Virtual Reality (VR) space, to search a property, or even the exploration of architectural renderings, as seamless as ever. For example, suppose you are searching for a specific type of property, and assume there are millions of property listings in the global database. By selecting the criteria for your search, the Acquaint AI Engine will present those properties, obtained directly from the Blockchain, which fit your criteria. The AI Engine will get smarter each time you use it, as it will learn and remember your preferences via machine learning technology. Once you’ve selected several prospective properties, you can take a fully immersive virtual tour via the Acquaint Virtual Reality (VR) Engine. This complementary combination of technologies can open up Global Trade on a scale that couldn’t previously be accommodated under any single corporation.
By leveraging the combination of AI and VR with Blockchain, investments into both, emerging markets and global markets become seamless. With AI optimizing the search of properties, VR showcasing the properties, ultra-low commission fees, paperless smart contract transactions that are negotiated via virtual interactions, and closed in minutes (as opposed to days), there’s no longer a need to travel the world only to buy a single skyscraper in Dubai!
Acquaint is currently offering a 48% bonus on the pre-sale of their tokens, ahead of the 28 February 2018 ICO. What this means, is that purchasing the tokens at a steep discount now will enable you to soon buy properties on the Acquaint platform at a significant advantage!
To take advantage of the pre-sale bonus, or to learn more about the Acquaint platform, visit https://www.acquaint.biz/ today.
*This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company, product or service. Bitcoin Africa Ltd. is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in the press release.*