James Michael
6 min readSep 16, 2018

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BRIKBIT REVIEW: A BLOCKCHAIN BASED REAL ESTATE DIGITAL ASSET (REDA) NETWORK

The invention of the blockchain technology has found its way into almost all sectors of the human life. Thus, it is not surprising that the real estate sector is also benefitting from what blockchain has to offer. Since everyone wants an improvement, it is not surprising that realtors would want to utilize the blockchain tech to get rid of middlemen and also get rid of some challenges.

There are multiple players that make up the real estate business. Due to the multiple individuals involved in the real estate business, there are cases of fraud, mistrust.

This is what prompted a group of people to come up with the BrikBit project. It will digitalize real estate service via the use of blockchain technology. This will set out a real value for properties all over the globe. There will be an interactive platform for players in the property sector like advisors, house owners and architects. They will be able to interact and have an economic advantage.

All this activities will take place in a decentralized framework without the service of any intermediary.

Introducing the Brikbit Platform
This is a LSK blockchain based platform for the blockchain business. It will decentralize, automate and bring about a fair acquisition of property process. Among others, BrikBit aims to

  • Enable fund collection
  • Offer multiple process to users
  • And also help in the creation and management of profitable property investment

There will be a Delegate Proof of Stake protocol that will guide the operation of Brikbit. This will facilitate creation of side chain from the LISK chain. This will bring about new rules and guidance for the platform.

What is brikbit trying to solve?

  • Making available a unique data and a accurate data currently lacking. Thus, buying a digital share of any asset on Brikbit will give the assurance of a property done following the specified regulations.
  • The possibility to segregate digital shares in real estate. With this, people will be able to possess and also sell off fractions of a property.
  • The Issue of limited funds for real estate operation is solved. Any saver on the Brikbit platform can chose to invest in the share of a real estate of any location.
  • The issue of trust and fraud is addressed

What are the BrikBit Digital Shares?
The BrikBit Digital Shares is a company based in Swiss that operates on the blockchain platform. It will be the maiden LISK Company based on the blockchain platform that will take care of the entire real estate operation.

All shareholders of the Real Estate project will have the capacity to use tap into the potentiality presented by the blockchain technology. This will be useful to automate and simplify the processes during the Real Estate step enterprise. Processes such as design, management of funds, creation and collection of funds will be eligible.

Some features of brikBit platform

  • REDA
    Short form for Real Estate Digital Asset, it simplifies all important info about a real building. Information like the structure, materials, schematics, plants and services are in there. REDA will also serve as a special token specifically for a particular project. It will follow the law of the country where the building will be built.
  • RE-DApps
    The decentralized Apps created for the real estate helps to manage properties and information in the real estate industry and process. With this app, user can create a framework to judge the value of a REDA token.
  • Utility Tokens
    The major token of the platform is BRIK. It is an utility currency which gives anyone access to the service offered by the platform. It will also help to bring about smart contracts.
    All middlemen between in the real estate process will be reduced and acquisition cost for property will be fair.

The Brain behind the brikBit project
There are professionals with vast expertise in blockchain business. They also have architects with huge experience in real estate projects. The merger of the blockchain tech with real estate business will help make brikbit very strong. The strength will revolutionize the sector and support the entire stakeholders and investors in the business.

In conclusion

Brikbit is a blockchain platform designed for the real estate industry. All real estate projects will have its blockchain (Brikbit side chain) specific to the platform. Each side chain will have an independent token.

Also, each projects will have the backing of the Real Estate Digital Assets with special tokens. All in all, brikbit is up to something cool and awesome with the blockchain industry.

ROAD MAP

TOKEN DETAILS

ICO DETAILS

TEAM MEMBERS

Alex

FOUNDER

Alex Dell’Orto, CTO and Co-Founder of BrikBit Digital Shares, is an architect and Blockchain expert. He’s a crypto expert since 2013.

Paolo

CEO

Paolo Lettieri, BrikBit CEO and Co-Founder, active architect in the digitalization and software design for the construction industry.

Stefano

CO-FOUNDER

Stefano Prosdocimo, BrikBit Co-Founder, is in charge of cyber security, IT management and is in charge of the BrikBit Forger community.

Giovanni

MARKETING MANAGER

Giovanni Spica. Project manager and account executive manager in a variety of business environments. Worked and lived in Italy, U.K. and Spain/Madrid.

Vania

CHIEF COMMUNITY MANAGER

Vania Von Gemusegarten, Community Manager, has over 15 years experience in sales and marketing for the Fashion industry.

Federico

WEB DESIGNER

Federico Riva, full-stack developer. His expertise spreads from coding to design and graphics. Located between Milano and Bali.

Claudio

VIDEO & SOCIAL MEDIA

Claudio Villani. Video-Maker and YouTuber with TV experience both in Italy and abroad. Video-editing and event management.

Raffaele

INTERNAL LEGAL

Raffaele dell'Orto. Highly motivated Lawyer with a spreading expertiese in tax and company law and monetary legislations.

Andrea

DEVELOPER

Andrea Concari. Certified developer, proficient in Swift and Javascript and various software analysis systems.

Flavia

GRAPHIC ASSISTANT

Julia

COMMUNITY MANAGER

Amal

COMMUNITY ASSISTANT

TEAM ADVISORS

Thomas Contin

ADVISOR

Thomas is managing partner at Archilex Consulting SA. Legal advisor for several ICO projects and companies in the FinTech and crypto field.

Marco Sala

ADVISOR

Marco is an intellectual property legal specialist with 20 years of experience as advisor for tech, real estate, insurance and telecommunication companies.

Richard Zoni

ADVISOR

Several years’ experience in selling Cyber Security Solutions to the Enterprise Sector,trong business development skills focusing on Top customers.

PARTNERSHIP

USEFUL LINKS

Website

White paper

FACEBOOK

TWITTER

TELEGRAM

MEDIUM

GITHUB

INSTAGRAM

Bounty0x

bitcointalk thread link

AUTHORS DETAILS

Bounty0x user name — @gracious122

Bounty0x profile link — https://beta.bounty0x.io/profile

Brikbit whitelist email — happinessayomide25@gmail.com

"This article was created in exchange for a potential token reward through Bounty0x".

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