Upcoming features and products
Peer-to-peer Lending
All the advantages that tokenization has brought to real estate trading can also be applied to mortgage loans:
Real estate NFTs can be locked within the smart contract and used as mortgages, where the borrowing/lending process will be done automatically and transparently, cutting out the financial institution as the middleman.
Securitizing real estate into tokens provides smaller valuable assets for mortgages.
Blockchain nature gives free worldwide access to the market with many cryptocurrencies. Anyone can borrow and lend without restriction from any organization.
P2P Lending is in fact a trend of blockchain productions, combined with Native Land NFTs shall effectively address the demands of the traditional real estate mortgage and promise to enlighten the fortune of the project.
Native Land Orderbook
The ERC-1155 standard contains the properties of the ERC-20 standard. Therefore, each set of Native Land NFTs corresponding to a particular real estate can be considered a distinctive ERC-20 token. That mindset yields the vision to establish the real estate marketplace exactly like a cryptocurrency exchange platform, e.g. Binance. To pursue that, it is essential to build a real estate NFTs order book to enhance the system for high volumes of exchanges.
Artificial Intelligence Utilities
Briky Land platform expects to collect a massive database of real estate around the globe. These data will be a perfect resource for developing AI products exclusive to this market.
Briky Land expects to bring AI into personalizing user experience on the platform and create brilliant chatbots to provide direct and real-time support for each user.
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