Brickblock uses blockchain technology and smart contracts to simplify investing in brick & mortar assets, as well as
crypto funds. The platform allows verified fund managers to list different types of tradable assets. Assets targeted include real estate funds (REFs), exchange-traded funds (ETFs), passive coin-traded funds (CTF) and active coin managed funds (CMFs). By cutting out middlemen, Brickblock significantly reduces the costs of investing, introduces a more streamlined process, and increases security.
Key Features and Advantages of Brickblock
Accessible – Brickblock enables people to invest in real-world assets around the world directly from their wallets. Users can invest in US or European real estate and stocks without geographical restrictions.
Low entry costs – Low entry costs allow small fund managers and investment brokers to attract investment opportunities.
Optimizing dividends – Dividends or coupons from investments are automatically transferred to token holders through self-executing smart contracts.
No minimum investment – Banks may charge high minimum fees. Brickblock enables users to get whole-sale prices with no minimum investment barrier.
Brickblock – How does it work?
The Brickblock ecosystem works by connecting users and fund managers while also applying a layer of digital trust. Human input is minimized by using self-executing smart contracts of ethereum and the system as a whole is faster and more secure.
Brickblock’s infrastructure will be implemented as a decentralized application (Dapp). Broker-dealers and fund managers will be able to list their investment opportunities on the platform. To get on the platform they have to be thoroughly verified by Brickblock through proof of residence, credit reports and criminal record reports. Based on their personal risk/reward ratio, investors can then select an investment from the offered funds to add to their diversified portfolio. All fees, minimum investment pools, exchange rates, holding periods, net asset values, dividends or coupon payments will be listed clearly and thus, can easily be compared.
Resources:
Brickblock website https://www.brickblock.io/
Whitepaper https://github.com/brickblock-io/whitepaper-general
Brickblock blog https://blog.brickblock.io/@Brickblock
Boxmining https://boxmining.com/brickblock-review/
