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Dominium: Making property management, listing and financing easier through Blockchain

HyperviraAug 24, 2018, 6:18:03 AM

People around the globe have finally seen the importance of establishing oneself with one good property investment. The real estate industry, despite being a multi-dollar worth industry, remained old and outdated in terms of processes which damage the transparency and liquidity of the overall process making it really hard for investors and people to put their hands in to.

For property owners, a platform that can cater seamless property management, financing and listing is a vital need to ensure better property supervision and help boost better profit. Such platform is what Dominium is all about.

Dominium is a digital and decentralized property management, financing and listing platform that allow property owner to supervise all their assets in a single channel. This eliminates the hassle of managing assets and property funding that arises in the traditional real estate or property management industry.

Dominium will be working with all its property management services in a standardized environment that promotes transparency and liquidity through the trading of asset token herein.

The team behind Dominium has built the platform within the Ardor child chain that helps provide better and more efficient, standardized property funding including sales, rentals and management. Rental and purchase agreements and management tasks will now be placed within the blockchain, making it more transparent, secured and irreversible within. All agreed information and details stamped inside the agreement will remain unchanged within the platform. This will help promote better property management for property owners and a transparent and just transaction for property acquirers or tenants.

Why Dominium among others?

Dominium boasts a strict regulatory compliant documentation process on its overall ecosystem. This helps protect property owners and acquirers in any unwanted circumstances and disagreements that usually occurs in the traditional setting. Dominium eliminates the lack of transparency and just transactions that results in any intermediary or human intervention within a traditional property management scenario. This creates a harmonious relationship between owners and acquirers. All these are made available upon building the Dominium platform in the Blockchain network.

Dominium caters two types of services within its platform. The first involves investment and a seamless access to the real estate industry. In the traditional setting, stepping in to the real estate industry is truly difficult and it requires a fortune to do so. But with Dominium, anybody who is a token holder can acquire their dream assets through Dominium’s decentralized Asset Exchange capability. Such feature is being implemented through a Peer-to-Peer protocol that eliminates the need for any intermediary entity to facilitate the exchange, further making the exchange process more intimate and cheap.

The second service involves the management of assets within the Blockchain. Bringing the assets to the Blockchain will help increase the trust of the public back to the real estate industry and will further help increase transparency and liquidity to bring in bigger growth for the said industry.

The Dominium works

Dominium helps solve the current and emerging challenges of the traditional real estate and property management industry. Through the Blockchain, all proposed solution by Dominium will be carried out flawlessly. Also, with other existing similar solution provider, many still lacks and providing emphasis on their customer service. With Dominium’s multi-lingual platform, clients will receive their well-deserved customer service experience.