Decentralised Real Estate Lending
Strong blockchain fit
TrustCBRC certificatef7fb0589-37b0-4216-93a6-06d01a2f65f8Token on the XRP LedgerWhy this score
” Real estate equity release is a complex task today, and this solution would make it significantly more accessible for people to be able to: 1) Access the equity from their property (most people cannot do that now) 2) Access a “fraction of the equity” 3) Do it at speed 4) Do it at low cost 5) Use a Digital Currency as the output to invest quickly and safely elsewhere. Once the property is tokenized, this needs confirming to the bank who will release the Digital currency against the equity. The details then need to be updated with all interested parties and regulators. Using Blockchain Technology for these tasks will help ensure “one view of the truth”, speed up the equity release process and provide an immutable record of the steps in the process
Awarded by CBRC’s assessor with the certificate. A fuller written analysis is available on request.
TrustCBRC certificatef7fb0589-37b0-4216-93a6-06d01a2f65f8Token on the XRP Ledger
- Issuer
- CBRC — Commercializing Blockchain Research Centre
- Ledger
- XRP Ledger (mainnet)
- Transaction
- C7BC9D7E7E16041BA8502E7D971218497D7E37FAE2595C3FB0DF5BC4404EAC2B
A TrustCBRC certificate records that CBRC issued it, as a token on the XRP Ledger. The ledger provides the timestamp and the permanence; it does not verify or endorse the use case itself.