BUILDING BLOCK


BUILDING BLOCK

Here at Orbitlabs, we think crypto will play a huge part in property ownership and management in the future. However, we felt everyone up to this point have either tried to make it too complex (code is not law) or attached their own token with a monetary slant (making their project a scam) so we thought we would have a go at building a management framework with the following assumptions.

In the context of property ownership, cryptocurrencies could potentially be used to facilitate the buying and selling of real estate. For example, they could be used as a form of payment for the purchase of a property, or as a means of transferring ownership from one person to another. Because cryptocurrencies are decentralized and secure, they could provide an alternative to traditional forms of payment, such as bank transfers or checks, and could make it easier to complete real estate transactions quickly and securely. However, it is important to note that the use of cryptocurrencies in property ownership is still a relatively new and emerging area, and their use in this context is not yet widespread.