The largest storage of wealth in the world can be found in real estate. Although it is the largest asset class, it is also the least liquid of all. The lack of liquidity in real estate is a direct result of the difficulty of transferring ownership. However, converting real estate into a commodity can no longer pose a liquidity problem. This is all possible thanks to the blockchain and innovations of Immobilium.
Speed Up the Transaction Process
Because real estate transactions can take months, it has become known as the least liquid asset. While this was acceptable several decades ago, it is simply no longer good enough in the modern world. People today expect fast or instant transactions and the liquidity that comes with it.
Using the blockchain makes this possible. The technology for the blockchain is already developed, and Immobilium’s blockchain is already established. This gives real estate investors the liquidity they want, along with the ease of making transactions quickly. Immobilium works towards a world where real estate transactions can be completed in just 15 minutes.
Allowing Fractional Properties
While increased liquidity for real estate is an important part of the paradigm shift, it is not the only advantage. Another significant factor to consider is the ability of individuals to invest only in parts of a property. This is an appealing option for those new to real estate investment and who don’t have enough funds to buy an entire property. It can also appeal to those who do have more to spend but prefer to diversify their portfolio. These investors may choose to invest in parts of different properties instead of putting all they have towards a single property. This enables them to diversify their portfolio.
Improving Transparency
This paradigm shift also comes with an improvement in the level of transparency associated with real estate investment. The blockchain creates an immutable ledger for property details. It is impossible to make claims on a property when its ownership and other records are stored and secure in the blockchain.
Investing in Crypto or Fiat
There are certainly other projects that aim to use blockchain to improve real estate, but most of these require investments in crypto. Immobilium lets investors choose whether to invest through crypto or fiat. This makes real estate transactions easier, as investors can pay using their preferred currency.
Conclusion
Immobilium is poised to push the paradigm shift of the real estate industry further. With Immobilium, liquidity is no longer a problem with real estate investments, faster transactions are possible, and investors can choose whether to finance real estate partially or in full.