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Blockchain

Blocities Launched a Real Estate Marketplace on Solana Network

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Tallinn, Estonia–(Newsfile Corp. – November 8, 2021) – Blocities has allowed interested investors to engage in real estate connections and transactions faster and smarter, while linking up title companies, escrow, sellers, and buyers all on a customer-friendly blockchain-driven platform powered by Solana.

 

Figure 1: Blocities Launched a real estate marketplace on Solana Network

Empowering Real estate via Blockchain by Blocities

Blocities solution is that it allows the data to be stored in a decentralised, secure database that can be updated without any loss of historic data. This means there is a secure, back-to-back record of all transactions that is completely tamper-proof. Eventually the vision would be to integrate this record into the Deeds Registry when other impediments to transfer have been removed.

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Why Blocities?

Blocities offers digitized trade transactions; property listing, property protection, and management, search and title investigation, extensive property dосumеntаtіоn, exceptional fіnаnсіng. Рауmеnt systems that are not boggled by the problems of traditional payment and remittance systems.

Blocities is a platform driven by innovation to provide the best real estate acquisition and sale services, search and title investigation services, digitized and innovative conduct of business, and other needs associated with real estate. By working closely with all of the real estate industry actors, including but not limited to sellers, buyers, intermediaries, real estate professionals, agents, and all other actors.

Blосіtіеѕ is a platform that allows users to еаѕіlу сrеаtе and trade property titles digitally in a system built with full trаnѕраrеnсy and trust in mind. We bеlіеvе in providing a more efficient real еѕtаtе есоѕуѕtеm where іnсеntіvеѕ for all actors; аѕѕеt оwnеrѕ, іnvеѕtоrѕ, and service providers are delimited and easily accessible.

Benefits of Blocities:

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  • Increased transparency: Transparency results іn more trust from everyone іn a trаnѕасtіоn. Bringing more transparency into the conduct of business in real estate would bring about confidence. Thus by incorporating Blockchain technology, Blocities brings a whole new level of trаnѕраrеnсу.
  • Ease and convenience in sales and buying of property assets
  • Property Management and Protection
  • Buying and selling of Fractional assets in property
  • Grow and Expand a Global Real Estate Portfolio

NFT Shop by Blocities:

Blocities NFT shop is a dynamic offering that allows turning of your home picture, photos or any other art form into a unique and valuable digital asset on blockchain. 

Tokonomics

Blocities token (BLOK) is used to power products and services within the Blocities platform.

The Blok token is an asset-backed token with substantial intrinsic value on the Blocities platform. Use our token to access suitable and opportunistic investments in the real estate industry. The use of cryptocurrency ensures transparency and a seamless buying/selling real estate transaction.

Token name: Blocities
Token Symbol: Blok
Token Supply: 1 000 000 000
Staking Rewards & Liquidity Fund: 25% (Locked through a smart contract and released as required)
Marketing & Development: 15% (Locked through smart contract, 4 months cliff, and unlocked as and when required)
Team: 11% (Locked through smart contract, 5 month cliff and 2.5% authorised for withdrawal monthly for over 36 months)
Advisors: 2% (Locked through smart contract, 1 month cliff, and 6.66% authorised for withdrawal monthly for 15 months)
Future Development & Reserve: 8% (Locked through smart contract, 5 months cliff, and unlocked as and when required)
Community Incentives & Growth: 10% (Locked 100% through smart contract, 1 month cliff, and unlocked as and when required

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Fund Utilization

DEX Exchange Liquidity: 42%
Centralized Exchange listings: 15%
Ecosystem Products Development: 15%
Marketing & Strategic partnerships: 13%
Ecosystem Growth and Expansion: 5%
Buyback (Burning and Continuous Staking pool rewards): 10%

Media Contact:

Main Website: https://blocities.finance/index.html
Telegram: https://t.me/joinchat/v1TtkK_GQlk4MzU8
Twitter: https://twitter.com/blocities
Medium: https://medium.com/@blocities.com

Media Contact –

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Company – Blocities Finance
Email : [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102409

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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blocks-&-headlines:-today-in-blockchain-(blackrock,-plume,-sealsq,-hedera,-deutsche-bank,-kucoin)

 

Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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