Technology and Platform
Blockchain Infrastructure:
High Throughput: SOL's ability to process up to 65,000 transactions per second makes it ideal for efficiently managing numerous real estate transactions.
Low Cost: The blockchain's low transaction fees facilitate cost-effective trading and management of tokenized real estate assets.
SOL's Scalability, Security, and Consensus Mechanism:
Scalability: Solana's high throughput and efficient architecture ensure scalability, which is crucial for growing real estate tokenization platforms.
Security: Robust security protocols safeguard transactions and asset ownership.
Consensus Mechanism: Solana uses Proof of History in conjunction with Proof of Stake, ensuring fast and secure transaction validation supporting the platform's goals of efficiency and trust.
Smart Contracts:
Detail the role of smart contracts in automating transactions, enforcing agreements, and managing the lifecycle of the tokens.
Discuss the development, testing, and auditing processes for smart contracts to ensure security and reliability.
Integration with Real Estate Assets:
Explain how real estate assets are digitized and tokenized on the platform, including the process of asset evaluation, legal vetting, and token issuance.
Describe how the platform ensures that the digital tokens accurately represent the underlying real estate assets and their ownership rights.
Last updated