How to decentralize the real estate market and real economy

São Paulo, Brazil, Jan. 23, 2022 (GLOBE NEWSWIRE) — Build Defi aims to decentralize the real estate market, other tangible economic assets, and the traditional financial market. BDF is a crypto asset issued on the BSC network.

“In recent decades, we have gone through the decentralization of various segments of the economy and society. Over the years, the foundations of Web 3.0 were developed under blockchain technology. This in turn allowed the execution of decentralized applications, smart contracts, and the creation of so-called “digital tokens,” it says.

These tokens, in turn, are starting to form the foundations of a “tokenized economy”. With that various services and markets (stocks, bonds, commodities, real estate) are being profoundly impacted through this superior technology. Potential to replace the legacy system, just as the light bulb replaced the candle and cars replaced horses is real.

Build Defi (BDF)

The Build Defi will allow its holders to gain exposure to the real estate market, a sector valued at more than $30 trillion, according to Statista. In addition, the crypto asset will also integrate with other markets, allowing for decentralized investment in the real economy.

Investors will participate in decision-making on the funds raised with the issuance of tokens. In this way, holders will help define the portfolio of projects to be built.

The project’s first ventures worldwide already have all the approvals and licenses required by local legislations. It should be publicly announced on the project’s official channels over the next few weeks.

The Token’s official launch will be on February 20, 2022, on the decentralized exchange PancakeSwap.

In total, 10,000,000,000 BDFs were created on the Binance Smart Chain network. The smart contract will be duly audited by Certik, the world leader in blockchain security analysis.

Build DeFi aims to unite the real estate market with the crypto sector. According to the project proposal, the Token will work as a solution tool aimed at the concept of DeFi. It allows direct investment in real estate shares without intermediaries.

What Is Decentralized Finance?

Decentralized finance or DeFi is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.

Some of the key attractions of DeFi for many consumers are:

• It eliminates the fees that banks and other financial companies charge for using their services.
• You hold your money in a secure digital wallet instead of keeping it in a bank.
• Anyone with an internet connection can use it without needing approval.
• You can transfer funds in seconds and minutes.