Global Property Register
Hi friends If you are interested in joining the
Global Property Register (GPR) project, you should read reviews that can help you get information that can help you see their vision and mission. Here’s the review:
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.
Problem
- Most Land and Property is not registered. The World Bank says that only 30% of land rights are registered or recorded worldwide and this needs to change. Most countries do not have a central property register(https://www.worldbank.org/en/topic/land)
- Current Land and Property registers are open to abuse. These are held in databases or paper forms that are open to abuse and alteration by corrupt officials. These officials often alter the records in return for bribes or favours
- The records are not safe from theft or natural disasters like floods, fires and hurricanes.
- The Registers are fragmented and not all inclusive. In the United Kingdom for example each Scotland, Wales, England and Northern Ireland all have separate registers. More importantly not all properties are on the register. In England only property above £45,000 is required to be registered meaning hundreds of thousands of properties are excluded.
Solution
- We are building a register for those countries of the world which do not have one. Our Global Property register on the blockchain will provide for over 4.5bn people a state-of-the art property register
- Because it is decentralised and on the blockchain, it is secure and not open to abuse or manipulation by any one party. It is an immutable record with a full transaction history.
- Records are safe and secure from natural disasters like floods, hurricanes and fires.
- The Global Property Register is universal and all-inclusive. All types of property irrespective of value will be included.
GPR Vision
A world in which every homeowner is able to leverage the value of his or her real estate( house or land). Property documents are secure and easily accessible. Land and property fraud is eliminated especially in developing countries of Africa, Asia and South America.
Our Mission
We plan to achieve this by:
- Building a Global Property Register
- Artificial Intelligence powered analytics to support property owners
- Building a social platform to promote adoption of state of the art real estate solutions
- Building a blockchain property exchange where people can buy and sell property
Global Property Register Mobile APP
Once you’ve entered into our ecosystem, you can manage everything.
Anyone with a smartphone and an internet connection can use our solutions and upload his/her land or property on our universal blockchain register.
Our user-friendly app will be easy to understand and gives you up to the minute updates. Here is a short list of other benefits this app will provide you.
- Global Property Search
- Property Dashboard
- Analytics Powered by Artificial Intelligence
- Registration of Property on Blockchain Register
Benefits Of The Blockchain Property Register
- 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 different brokers.
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.
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.
- Token Name/Symbol: XRX
- Total Token Supply: 5,000,000,000
- Circulating Supply 2,500,000,000
- Token Sale Price: $0.005
- Blockchain Used: Ethereum
- Token Standard: ERC20
- Pre-ICO: Feb 2019
- Soft Cap: $2,500,000
- Hard Cap: $25,000,000
Roadmap
- Nov 2016: Global Property Register team and concept established
- Dec 2016 – May 2017: Proof of concept development.
- Dec 2017: Business Model & Whitepaper development
- June 2018: Work commenced on the development of MVP
- Oct 2018: Completion of MVP
- Nov 2018: Pre-ICO
- Feb 2019: The global roadshow for marketing
- June 2019: ICO
- Oct 2019: USA , UK , Nigeria
- Oct 2020: Brazil, India , South Africa , Pakistan
For more information and join Global Property Register (GPR)social media today please follow these resources:
ETH; 0x2a70D3de93dF57c4D4DCAAB56F5C671185Abf639
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