According to HomeInsight statistical analysis, a homeowner will usually sell his or her property every five to seven years. On average, everyone will move 11.7 times in a lifetime, and at present, the global real estate transaction value is more than $200 trillion USD in total. Global House Chain, a blockchain-based real estate trading platform, realizing the use of digital currency trading in global real estate and linking real estate and life services, is dedicated to improving the services surrounding real estate investors' lives.
Under the GHC project, developers, property owners, and GHC administrators will host the property to the Global House Foundation to form a shared economy asset.
Platforms and overseas housing leasing agencies have reached online and offline cooperation. In the United States, Thailand, and Dubai, GHC has developed a number of housekeeping agencies that can more reasonably manage users' overseas real estate and give users maximum return on investment. In the future, GHC will also expand to Japan, the United Kingdom, Australia and other countries and regions.
1.1 Current Obstacles in Real Estate Markets
As an asset closely associated with various values, such as living, investment, education and so on, real estate experiences a stable demand in the world. Currently, the market relies on the traditional offline transaction model, which leave us with many problems: restrictions on cross-border real estate transactions and complicated purchase and settlement processes. It is characterized with long cycles, currency conversion restrictions, poor real estate transactions, etc.
1.2 Advantages of the Blockchain Technology
Global House Chain is based on Achain technology development and adopts RDPOS consensus mechanism. It uses modular design and intelligent sandbox in technology to ensure that blockchain applications running on the platform have stronger stability and security. Global House Chain uses smart contracts and distributed bookkeeping technology. Large real estate assets are split into multiple small shares through smart contracts and distributed to multiple investors. After the user invests, it can't be tampered with after splitting the binding through smart contracts to ensure the validity and security of the assets.
The Global House Chain's risk control model mainly includes: asset owner credit, real estate location, history of real estate itself. It analyzes credit history, credit scores, recent credit history and bad credit records and other relevant factors, assess asset risks, confirm the authenticity and effectiveness of assets and assets, and then convert real estate into digital assets.
After Global House Chain takes advantage of smart contracts to digitize real estate assets, the characters of the assets can be monitored by the blockchain browser. Transaction transparency of digital assets can be constrained by smart contracts. According to the laws and regulations of different countries, the real estate property certificate proves, mortgage, fairness, lock-in, prevention of multiple mortgages of one room and two sales, etc. With blockchain technology, digital assets can be rapidly fragmented and converted into small-amount assets. Asset transactions are recorded on the blockchain through intelligent cooperation and are transparent and open to ensure the rights of investors. Global House Chain borrows from the REITs (Real Estate Trust Investment Fund) to securitize homes and use smart contracts to fragment property ownership and promote the circulation of real estate around the world. At the same time, investors will enjoy the annualized income from real estate assets.
The Global House Chain platform develops blockchain wallet and trading platform hosting accounts. Users can host digital assets in their accounts and choose to sell or hold dividends at any time. Global House Chain supports digital currency GHC trading real estate assets. According to the regulatory environment of different countries, users can choose the formal channels to purchase digital currency under the premise of legal compliance to the Global House Chain platform for trading. According to the development progress of blockchain technology, different types of digital currency will be docked to support more types of digital currency for asset transactions.
When registering for the Global House Chain platform, users need to enter real estate information, personal information and other relevant information. After confirming, the company will use blockchain technology to establish personal digital assets. Currently, the platform has been configured to study abroad education, immigration services, financial investment and other life peripherals. We will increase services such as medical services, improve personal global life services, and create real estate-based lifestyle services through improved personal digital asset information.
The founder of global real estate blockchain cloud platform
One of the partners of Zhejiang netsun technology Ltd which was listed at Shenzhen Stock Exchange Center in December, 2006(stock code:002095)
After 2006, co-founded the Zhejiang Xingwang MTnets technology Ltd Get a certificate of senior e-commerce engineer from talent exchange center of China industry and information department.
More than 10 years experience in overseas real estates Former senior vice president of NASDAQ, HongKong and Singapore listed companies for many years, mainly responsible for overseas business and keeps good relations with major developers in US
More than 10 years experience of overseas sales Once served as an overseas manager of Longcheer Holdings Limited International Division,supported the Middle East and Africa's construction
Web Software Engineer
Graduated at China Academy of Art ,once worked at Ele , Ctrip and legendary Mobile game.
Mr. Wall has over 30 years of experience in all facets of homebuilding. He started his career at D.R. Horton. Continuing his career in homebuilding, Mr. Wall moved to a newly formed company, Choice Homes, in 1989. Under his leadership, Choice Homes was able to close 4,394 homes in 2004, a 13.3% increase over 2003 and revenue of $540.8 million, a 15.9% increase over 2002. Choice Homes became the second largest for-profit private builder in the United States as listed by Builder magazine and was ranked in the top 25 builders in the United States for all 7 years under Mr. Wall’s leadership.
Timothy Barton is the founder of JMJ Development, which provides global acquisition and development of apartments, ultra-luxury hotels, resorts and branded residences. JMJ has also produced a number of world-class hospitality projects for high-profile clients including the Rosewood Mayakobá and Cabo Pacifica in Mexico, receiving the Five-Star Diamond award by The American Academy of Hospitality Sciences, a distinct honor that is recognized worldwide as a hallmark of excellence in the global travel and luxury services sector.
Paulo is the division vice president of Lennar Orlando
Brian Su is president of Artisan Business Group and Lincoln International Exchange Education Center
2012 US-China Outstanding Contribution Award winner
An experts of EB-5 immigrants and cross-border investment, pension investment and international education