"BCH + Real Estate" application scenario, don't let payment limit our imagination

BCH

When we mention Bitcoin Cash (BCH), the first thing that comes to mind is payment, which has become the consensus of the industry. The biggest difference between bitcoin and bitcoin cash is: bitcoin runs in the opposite direction and moves towards the path of value storage. Bitcoin cash does not forget its original intention and sticks to the path of payment. BCH is also going further and further on the payment route, the on-chain expansion increases the transaction volume carried, and the avalanche protocol shortens the actual time of BCH payment to 2-3 seconds, which paves the way for BCH to become a universal payment currency.

However, the application of BCH is not only for payment. It also has good performance in the fields of stablecoins, smart contracts, decentralized finance (DeFi) and SLP tokens. If we open our brains, can BCH and real estate spark a little bit of sparks? What are the possible application scenarios of BCH in the real estate field?

Record and save data

The BCH blockchain is a decentralized open and transparent ledger, and the recorded information cannot be interfered with manually. Using the BCH blockchain can record details such as real estate location, address, occupancy rate, house prices, property rights chain, etc., allowing market participants to obtain more reliable data at a lower cost. By using the blockchain distributed database to prove the authenticity of the transaction, the owner can quickly transfer the property rights without the need for third-party verification. Because of openness and transparency, both parties to real estate transactions will have more trust and eliminate dependence on property rights insurance. More importantly, it can reduce costs and eliminate the need for middlemen.

Lower the threshold of real estate investment

As we all know, the real estate industry is a very profitable industry in some countries, and many small and medium investors want to take a slice of it. However, capital and policy restrictions cannot participate. If it is not for the nationals, it will be more difficult to participate in real estate investment. This makes real estate investment a regional niche investment. However, BCH provides a possible way for people to directly invest in real estate, that is, to conduct BCH crowdfunding through a platform similar to Flipstarter, the initiator publishes the relevant information of the project on the platform, and users use BCH to participate in it. When the crowdfunding amount is full, the platform will refund the excess BCH to the user. This approach allows investors from all over the world to participate, which can greatly reduce the threshold and risk for investors.

Real estate equity SLP tokenization

The initiator can issue corresponding SLP real estate tokens based on the raised funds and tokenize the share capital. The corresponding SLP tokens are distributed according to the proportion of user investment. These tokens are the proof of the user's investment. The tokens can be freely bought and sold when the project is not completed, which facilitates the user's funds in and out. The user can also invest according to the expectations of the property. Once the project is over, these tokens are automatically destroyed, and the project party returns the profits and principal of the project to the user in the form of BCH in accordance with the tokens held by the user, which also avoids disputes due to exchange rate issues. The biggest advantage is that it can carry out small transactions, withdraw at any time, the exchange rate is unified, and it is convenient for global operation.

SLP tokens pay dividends

If the crowdfunding fund is to build an apartment building or office building, the purpose is not to make a profit from selling, but to earn through renting, then dividends can be distributed through SLP tokens. At present, the non-custodial network wallet Bitcoin.com Mint With this function, the creator can also send BCH dividends or airdrops to token holders. To put it simply, the platform will distribute rents or dividends in the form of BCH according to the SLP tokens held by users. These tokens can also be traded in the market. If investors think that the rent of the property will increase, the token will be It will appreciate, if it thinks it will decrease, the token will depreciate, similar to the stock market.

Although the current combination of real estate and blockchain is still in the early stages of development, the scope of applications is too limited, but the "BCH + real estate" application scenario is worth looking forward to!

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