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SmartCrowd Announces Integration Of Tezos Blockchain For Real Estate STOs In MENA Region

SmartCrowd announces integration of Tezos blockchain for real estate STOs. SmartCrowd is Middle East’s first regulated digital investment platform providing access to real estate through fractional ownership.

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SmartCrowd

SmartCrowd is Middle East’s first regulated digital investment platform that provides the opportunity to access real estate through beneficial fractional ownership. Smart Crowd Limited (Smart Crowd) is regulated by the DFSA.

Assets like real estate can be registered in tokenized form on the Tezos blockchain. These tokens can then be traded as Security Tokens through Security Token Offerings. These are regulated trades that can only be made through regulated platforms such as SmartCrowd.

Users need to go through a Know Your Customer (KYC) process first, and meet certain conditions before they can be registered. The regulations can then be enforced through Tezos smart contracts, which connect to the regulated platforms and automatically checks if users meet the mandatory conditions to be able to trade certain STO’s.

By utilizing the Tezos blockchain, SmartCrowd can deploy faster transactions, while fully meeting regulations and being more transparent and cost-efficient.

“As a fully licensed and regulated business, it is essential that we use technology that enhances trust, transparency, and efficiency.

By using the Tezos blockchain, we are empowering our investors and providing an even better service that aligns with our core values.

This announcement underlines our commitment to pioneer the way people invest in real estate using the very best technology.” – SmartCrowd CEO and co-founder Siddiq Farid

SmartCrowd provides:

• Access to the real estate market with low minimum investment

• Access to pre-vetted investment opportunities

• Investment opportunity in a secure ring-fenced platform by providing full transparency and ownership

• A diversified real estate portfolio with minimal risk

• A secondary source of income

• Full control of investments through a personalised dashboard

Our achievements within the FinTech space include:

– Winner of “Accenture Innovation Awards”

– Winner of the Sharjah Entrepreneurship Festival

– Winner (2nd place) in SmartDubai’s Global BlockChain Challenge hosted by SmartDubai

– Selected as 1 of 4 start-ups to present at the 13th World Islamic Forum

– Selected as 1 of 12 Fintech start-ups selected to be in the DIFC Fintech Hive accelerator

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Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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