Home Blockchain Stellar Lumens (XLM) Blockchain Powers RealtyBits Investment Platform

Stellar Lumens (XLM) Blockchain Powers RealtyBits Investment Platform

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Stellar expressed:  “Did you know that you can invest in all kinds of alternative assets on Realty Bits? Real estate, energy, startups – YC-backed Realty Bits even lets you invest in other ycombinator companies.

For clarity, Traditional investments are those invested in well-known asset types with the exception of capital appreciation, dividends and earnings from interest.  There are generally three types of traditional investments: stocks, bonds and cash or cash equivalents (those assets that can be easily converted to cash, such as a money market account or bank certificate of deposit).

An alternative investment is a financial asset which does not fall into one of the three traditional investment categories. Alternative investments are complex and are not heavily regulated. For this reason, several alternative asset investments are held by institutional investors or accredited, high-net-worth individuals.

An alternative income is anything, which you do not earn through your day job.  This could be money that you earn from home business, earned interest and dividends, monetary gifts, or money obtained from bank bonuses, credit card bonuses, or other sources of free money.

These days’ investors are looking for alternative income from alternative investment.  Traditionally, if an investor had to invest in a private asset, the investor had to first seek out the sponsoring party, mostly the private equity manager, for the particular asset. This will further evolve into an investment process between multiple parties which is arduous, slow, and expensive. In addition, the current tools and technology that is used to facilitate this process are often manual and do not sync well across different systems.

After identifying the pain points affecting investors and sponsors, RealtyBits landed on Stellar as the solution to power their hybrid on-chain and off-chain system.

RealtyBits powers alternative asset marketplaces on top of the Stellar network. RealtyBits Inc, is a marketplace infrastructure provider for private asset investing. It connects verified sponsors and investors to directly transact with each other in a secure and compliant way. Sponsors make use of custom dashboards to manage their cap-tables in real-time and investors through the life of the asset, while investors can browse listed offerings and invest in them freely on the RealtyBits platform.

Umed Latifov, CEO and Co-founder Realtybits expressed:  We realized that Stellar was the best fit for what we wanted to do, because it specializes in financial assets, in asset ownership and efficiency of transfer.”

The best part is that users do not even need to know that the Stellar blockchain is what powers the RealtyBits platform. By taking advantage of Horizon, the API for interacting with the Stellar network, RealtyBits lets sponsors and investors take full advantage of Stellar’s payment features while navigating via a user-friendly interface at the same time.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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