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Crypto and blockchain: What the Brazilian market can expect for 2021

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2020 will be remembered as one of the most difficult years for contemporary societies: Countries and entire populations have faced lockdowns and economic crises, financial markets still suffer from the severe impacts of the economic recession, and more than 2 million lives have been taken by COVID-19.

Despite this, other sectors have been impacted in other ways during the severe global health crisis — which still seems far from over, even though vaccines are beginning to be distributed in wealthy countries. Economies have radically digitalized, hedge assets have attracted mistrust, and the crypto market has had one of its most important years since 2009, the year of Bitcoin’s (BTC) launch.

In fact, the crypto and blockchain markets have stood out in the face of a crisis that has spared almost no sector. Cryptocurrency funds are among the most profitable of the year, Bitcoin and the biggest altcoins reach new historic highs, large institutions and investors in the financial markets have allocated investments in Bitcoin, and blockchain technology has broken down barriers in the financial sector and in the production chains of the most varied of sectors.

Faced with a year of profound changes, what is to be expected for the future? Cointelegraph Brasil invited some of the country’s top crypto and blockchain experts to chart the next steps for the market.

Institutional investment

Institutional investment was highlighted in 2020, finally reaching the cryptosphere, and it promises another year of growth in 2021.

According to Rodrigo Borges, founding member of the Oxford Blockchain Foundation, large Bitcoin contributions by institutional investors — which have even bought more BTC than the production capacity of miners — will intensify in 2021: “Regarding Bitcoin, I imagine that there will be an increase in demand for institutional investors, enabling the emergence of new products with exposure to Bitcoin,” analyzed Borges. He also sees “2021 as a year of consolidation and strong development in the sector.”

As for Tatiana Revoredo, MIT blockchain expert and Cointelegraph Brasil columnist, the custody of cryptocurrencies by traditional financial institutions and the adoption of stablecoins will be key in the new year:

“In the financial sector, we will see applications for custody of crypto assets being launched in Brazil, with the possible participation of the traditional market. And if the regulatory authorities allow it, stablecoins will have an expressive role in the Brazilian market, with the turnover being able to quadruple in size.”

Crypto markets

Crypto markets experienced a year of extreme optimism — or greed, as demonstrated by the Crypto Fear & Greed Index. Bitcoin reached a dramatic bottom close at $3,800 in March, and it beat its 2017 historic high of $20,000 on Dec. 16. In Brazil, the currency set a new historical record in November when it reached $106,000 Brazillian reals.

Cointelegraph Markets reporter Marcel Pechman highlighted the behavior of the market despite the setbacks suffered during the year. He recalled: “The Bitcoin and Ethereum markets developed in 2020 as never before imagined, both in terms of trading volume, price and the contribution of renowned investors like Paul Tudor Jones and Stanley Druckenmiller.”

Pechman said that despite the crypto market suffering some setbacks, the impact of those setbacks on market performance was not so significant: “We had, for example, the US Department of Justice suing BitMEX — at the time, the largest derivatives exchange — and KuCoin’s $280 million hack, and none of those affected the market.”

Pechman also recalled that the 2020 DeFi race led to expensive transaction costs on the Ethereum network but did not impact market sentiment.

OriginalMy CEO Edilson Osório agreed with the promising future of the DeFi sector, but he cautioned against fraud:

“This is an experimental and very promising market, but it must be given extra attention because of malicious groups applying scams and fraud in general. As it is a very new market, platforms may have problems with hacks, and due to the great centralization that exists (even with many platforms presenting themselves as decentralized), there is still a risk of exit scams.”

About 2020’s innovations, and the digitalization imposed by the COVID-19 crisis, Pechman also said that it will go even deeper in 2021:

“Successive innovations, which include Taproot, Schnorr and Lightning Network in Bitcoin, in addition to the launch of Ethereum 2.0 phase 0, pave the way for the next wave, with increasingly larger, scalable applications, and interconnected with traditional finance. The final proof? Fidelity offers loans covered in cryptocurrencies.”

On the domestic markets, Osório is betting on the tokenization market in Brazil, which is already used by the country’s largest crypto exchange, Mercado Bitcoin. According to him, 2021 will be a year for “maturing the security tokens market.”

“Existing protocols are beginning to be well regarded by regulators, since most of them provide for greater participation and visibility on the part of the regulator itself and allow the mitigation of various risks inherent in this market. In this race, there is a great chance that Brazil will gain prominence because the local regulator has established a regulatory sandbox and the first projects are already beginning to mobilize to have their applications running in a more legally secure environment,” – noted Osório.

Another player at the Brazilian crypto markets, João Paulo Mayall — head of operations at QR Asset Management — is also optimistic about the tokenization market in 2021. He highlighted the role of regulators in the sector’s expansion in the South American country: “I believe that the future is the tokenization of assets, debentures, court bonds, government debts. Brazil is very advanced in its banking system and we will have many surprises in this sector, so I am very optimistic. Tokenization is a billion-dollar market, but it lacks the infrastructure. Innovation came in front of the regulators, but I think they are open to listening and working on it. I think [the regulation] will happen next year, even before March 2021.”

Finally, blockchain expert Tatiana Revoredo argued that crypto adoption in Brazil, which saw its currency melt in 2020, will intensify, with Bitcoin once again asserting itself as an economic-protection asset. She believes that the crypto markets will see “an increase in the interest of Brazilians, with consequent increase in the Brazilian market, with a prominent role for Bitcoin being adopted as a protective asset.”

CBDCs and national governments

The digitization of economies has placed the discussion of central bank digital currencies, or CBDCs, at the center of debates by financial authorities around the world. One of the countries that has definitely entered this race is China, which is already conducting real tests of the digital yuan in the country. Its main geopolitical rival, the U.S., announced that for the time being, it does not intend to digitize the dollar, but it is already seeing internal pressure from not following the Chinese leadership in the sector.

The Central Bank of Brazil has also commented on the transformation of the Brazillian real into a digital currency a few times, although there are no concrete plans for that in the short term.

Osório believes the European Union will join the hype soon, further accelerating the global race for CBDCs: “Although China appears to be leading the CBDC race, other countries are also beginning to move in this direction. Among them, Estonia, which recently started an internal consultation for the launch of its currency in the digital version. In particular, I believe that in Europe a more comprehensive and organized movement should take place in this sense, given the incentives promoted by the European Union.”

Many experts try to predict the impacts of CBDCs on economies — one of the main concerns of economic regulators. Governments, which largely study the adoption of blockchain in their public processes, should also enter the debate on privacy and the digitization of money.

According to Tatiana Revoredo, “in the government sector, the forecast is for the growth of [blockchain] applications in document registration and health applications, as well as a greater concern, by the citizens, regarding the relationship between privacy and CBDC.” She also claims that payments processors should closely monitor this innovation:

“Those who should be more attentive to these movements are the means of payment, such as PayPal and their peers. They will have to look deeply into their business models as soon as governments start issuing their currencies digitally. ”

Blockchain adoption

Governments have also viewed blockchain technology through a positive lens. In Brazil and Latin America, several state entities already use the technology to certify documents, including customs and notary offices. Big companies are also adopting blockchain to certify production, with use cases that are only expected to grow going forward.

Borges said that the acceleration of blockchain adoption by large companies and governments can positively impact crypto assets:

“Within the scope of blockchain technology, I see the development of interesting solutions, with the increasing involvement of traditional players, especially in the financial and agribusiness sectors, which may result in increased liquidity for certain assets.”

Revoredo agreed and highlighted the advancement of technology in the agricultural sector: “There has been a significant advance in agribusiness, with use in the identification of devices (drones, for example), integration with IoT and artificial intelligence to provide greater reliability and certify quality of agricultural production.”

Osório defended the growth of the blockchain market in 2020 and its prospects for the near future: “When we look at advances in blockchain with applications beyond digital currency, we see a growing market in the area of ​​decentralized digital identity, including with the approach of governments. We have seen movements in governments in the US and Japan, interested in modernizing their digital governance models. And the pandemic has certainly helped to accelerate and advance discussions on the issue around the world, as it understands that the digitization of analog and traditional services is a necessity.”

The end of 2020 was a milestone that closed out one of the most dramatic years in the history of contemporary societies, but it also revealed ways to combat global economic and health crises.

Blockchain technology has helped societies fight corruption, adopt more transparent processes and even contributed to the certification of medicines and vaccines during the most serious health crisis of the last 100 years, in addition to helping companies to improve procedures, products and services.

Meanwhile, Bitcoin has strengthened as an economic protection and investment product, has attracted institutional investment giants, and — together with other crypto technologies — has even laid the foundation for central banks around the world to start implementing their own digital currencies.

We still do not know the depth of the revolution we are experiencing with the digitalization of societies and the weakening of national currencies around the world, but by the end of 2021, we will certainly know many of the answers to the questions that still plague us at the beginning of this new year.

Crypto and blockchain: What the Brazilian market can expect for 2021

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Kickstart Your Career in Blockchain Space: List of Best Specialization Courses in 2021

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Kickstart Your Career in Blockchain Space List of Best Blockchain Specialization Courses in 2021

2020 has been a year of Blockchain. The high package salaries of such professionals indicate that this technology is no more a new buzzword. Tech giants and enterprises have started adopting technology, and for that, they are hiring skilled professionals. The major reason why jobs in this domain are paid so highly is because this space is young, and people with any experience in the space are rarely few.

If you are looking for the most-demanding certifications in this space, you have landed on the right page. This article includes the details of the most popular, top-rated specialization courses ideal for beginners and professionals looking forward to pursuing a professional career in this domain.

Best Specialization Courses to Become a Blockchain Professional in 2021

With any further delay, let’s enlist the best specialization courses that will help you acquire a futuristic career in 2021.

This is another comprehensive online course and training program to become a Certified Professional in law domain. This particular training is primarily directed to guide an individual in creating solutions that can influence all the aspects of the law and deals with the assimilation of knowledge on how technology can be leveraged to speed up and streamline the process of tracing digital documents for evidence and automate the agreement process using smart contracts. You’ll be benefitted from:
complete fundamentals of DLT

  • its advantages in law
  • its use-cases such as Chain of Custody, Litigation, and Settlements, and much more.

As technology poses incredible benefits to HR professionals in talent management, verifying the accreditation of potential hires, safeguarding employee health records, and performance evaluation, this certification is in huge demand. Tech giants and organizations are looking for skilled HR professionals who understand this technology profoundly. 

This is another comprehensive and hands-on course to learn this technology in the HR domain. The course provides a complete overview of this technology, technology’s impact on human resources, and its varying use-cases. It educates learners to gain an accurate picture of the employees’ overall performance and business, in general, using this futuristic technology. The best thing about this specialization course is that it covers almost every vital concept needed to become a pro in this particular sector. 

This is a globally acknowledged certification that helps learners to gain an in-depth understanding of the Blockchain for KYC Procedure and implement skills to optimize KYC Procedure. After completing this course, you will be able to implement Blockchain’s understanding to speed up and simplify the process of digital identity verification, cross-border payments and to identify frauds in banking and other financial sectors. Acquiring this certification in your resume of the LinkedIn profile will help you showcase your skills and experience.

Informative and well-structured, the course is ideal for all those whose interest revolves around digital marketing. 

This is a unique training and certification specially designed to demonstrate how this technology can revolutionize digital marketing. This course covers all its fundamentals such as blocks, wallets, and addresses, public and private keys, Merkle Tree, and hashing, cryptography and algorithms, and much more. Moreover, it teaches how digital marketing will benefit from this technology and its various use-cases. The course will render expertise on eliminating digital marketing middlemen, eliminating online ad fraud, building trust, and transparency while giving customers full control of their information with the use of DLT.

This Digital Marketing Professional training will prove your USP and act as a catalyst to accelerate your career growth.

Through this outstanding course, you will be able to learn how DLT has the power to bring about a major breakthrough in the healthcare industry, especially in terms of Health Information Exchange, by improving data integrity, regulatory compliance, and privacy. The course details various problem statements such as Drug Counterfeiting, Clinical Trials, and Healthcare Records Management, focusing on technology fundamentals and its various use-cases in the healthcare domain. The course will help you learn about healthcare business needs, technology’s role in healthcare, and how to build DLT-based healthcare systems.

Although anyone can avail this certification, this is best suited for system administrators, architects, developers, network security architects, cybersecurity experts, and IT professionals.

This certification aims at imparting a complete understanding of Blockchain’s inherent security features and associated risk, in-depth knowledge of best security practices for DLT infrastructure, exploration of known cyber-attacks, ability to differentiate between various cyber-attacks and threats, and teaching how to transfer or mitigate security risk.

This program will solidify your basics and advance your knowledge in the featured topics and make you capable enough to handle relevant complex issues. This course enables you to implement your skills in any applications and build your own Blockchain enterprise with acquired knowledge. 

We all know that DLT has its implications in the supply chain domain for a long time. At present, the demand for DLT-based supply chain experts is surging. Such experts implement the understanding of Blockchain to increase revenues and decrease costs while improving overall quality.

This certification will offer you an in-depth understanding of the mechanism for blockchain technology functioning that will help you integrate this technology with supply chain management. By the end of the course, you will be able to create solutions that can impact all the facets of the Supply Chain.

This training is primarily directed to guide an individual in creating solutions that can influence all aspects of finance and deals with the assimilation of knowledge on how this technology can be leveraged to speed up and streamline the procedure of cross border payments and to reduce the cost undoubtedly.

Here are the key things you will learn in this program:

  • Overview of financial management and challenges in the financial system 
  • Understand the core concepts of technology and its ecosystem
  • Role of this technology in Financial System 
  • Vendor Perspective about Blockchain and its advantages in finance services
  • Use-cases including cross border payments, syndicate lending, digital identity verification, and trade finance 

Concluding Lines 

The Blockchain Specialization courses mentioned above are crafted by Industry Experts to make the scholars efficient in handling the different verticals of blockchain technologies. The best part about these courses is that they require no prior knowledge. After completing, learners will be proficient enough to engage with business executives and offer practical solutions for their specific needs. 

Blockchain Council gives you an opportunity to learn from top experts around the world, and courses are uniquely curated for professionals by premiers of multifarious industries. These are self-paced training ranging from 4 hours to 6 hours that require your attentiveness. It is as easy as it sounds.

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council. 

Kickstart Your Career in Blockchain Space: List of Best Specialization Courses in 2021

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How Blockchain technology offers improvements to payments security

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Codezeros

Blockchain is disrupting industries like Fintech, Agriculture, Supply Chain Management, Pharmaceuticals, and Real Estate Registry. It has found unique solutions to some of the most pressing concerns of modern time. With the advent of big data and analytics, blockchain also provides pioneering solutions in data management.

The first and foremost application was found in the payments industry, with the introduction of cryptocurrencies, making them faster and more secure. In this article, we will look at how blockchain structure and Blockchain Payment Gateways can help make our payments secure.

Blockchain can be described as a living ledger with a network of peers who participate and monitor the assets and their transfers. They individually hold all the data of the blockchain but are collectively responsible for approving transactions. Data once approved is immutable and disincentives are present for shady or unscrupulous practices. This decentralized system has improved the efficiency, reliability, and security of countless industries.

Cryptocurrencies were the first application of blockchain technology, bitcoin, being the first of its kind. Any transaction or modification is accessible by all the users on the public ledger, adding a level of security. Just like fiat currencies issued by Central Banks, cryptocurrencies have all the properties: scarcity, fungibility, and non-repudiation but are not issued by a central authority. Instead, bitcoins are mined by solving complex mathematical puzzles related to the stamping of a transaction. Moreover, as this solution is impossible to falsify, it makes the complete architecture secure and very easy to verify.

The PCI (Payment Card Industry) Security Standards Council, a global forum created by leading payment networks such as American Express, Visa, and the likes believe that the payment industry is seldom prepared for changes. It works reactively to new threats and all-new payment method implementations are vulnerable to more modern attacks. For example, all critical payments information including credit card numbers, currently pass through the merchant’s payment systems and become the potential place for security breaches. A Blockchain Payment Gateway Development has the potential to eliminate this shortcoming.

Cryptocurrency is already accepted by a plethora of merchants and its usage is witnessing an upward trend. Consultants at PCI state that cryptocurrencies challenge these traditional approaches to privacy, trust, and security by its decentralized structure.

So far, centralized systems have controlled how payments are executed and users upheld their trust in the central institutions responsible for privacy and security. On the other hand, a cryptocurrency functions not on trust but on the integrity of the underlying algorithms governing the structure.

Every node holds a copy of the ledger and the protocol is governed by an MIT license open-source software. It uses a number of public security primitives and data structures that are well established. These include but are not limited to SHA256 hashes, Merkle trees, and Elliptic Curve Asymmetric Cryptography.

A group of transactions are used to form a block and this block is assigned a unique SHA256 hash. The subsequent block holds this hash key from the previous block and the cycle continues. This exercise links all the blocks to each other and forms a chain, which is known as a blockchain. Hence, it becomes impossible to modify a transaction once it has entered a block.

Firstly, cryptocurrencies provide an alternative to the current payment systems and highlight the flaws in the latter. Secondly, it provides a strong underlying architecture which can be used by Blockchain Development Companies to prepare future payment gateways and enhance security.

Cryptocurrencies are legal in most countries and with better regulations, its mainstream application can be witnessed pretty soon. The costs associated with cryptocurrencies to send and receive money are negligible compared to the current charges levied by card issuers, banks, and other intermediaries. Removal of intermediaries would also lead to shorter execution time and reduced risk of security breaches. A Blockchain Payment App Development would leverage all these benefits and provide a fool-proof, secure, inexpensive, and fast way to make payments.

Blockchain has the potential to acquire a huge market in the micropayments industry. Payment networks levy heavy charges in the form of a fixed + variable fee which goes exorbitantly high while handling very small payments.

The payments industry has seen major overhauls but struggled to keep pace with the growing internet and payment demands. Payment security is a big concern, especially when money is sent across borders and involves an exchange. In such a scenario, information passes through multiple processors and increases the likelihood of a data breach. A Blockchain Technology Payment Security offers the perfect solution through its decentralized system, thereby reducing intermediaries, costs, and risks in executing payments.

How Blockchain technology offers improvements to payments security

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With Blockchain’s real estate development, we are all quite accustomed to all the hidden perks of…

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How to Shift to Coding for Decentralized Systems?

With Blockchain’s real estate development, we are all quite accustomed to all the hidden perks of centralized systems. Decentralized systems, on the other hand, offer a whole new world of possibilities. If you are looking forward to shifting your coding for decentralized systems, there are several aspects to look for.

There is no involvement of any third-party, which certainly promotes transparency above anything else. Neither less to say, all the transactions can easily be seen through the user’s public domain. Having a clear understanding of the STO Development Services is very crucial.

We cannot precisely say how we entered the digital world, but there is no turning back. In fact, Real estate blockchain development offers a crypto exchange option if you have a real estate property that needs to be taken care of. The need for creating a secure and advanced platform is absolutely necessary for a decentralized digital ecosphere.

Blockchain is one of the trusted sources which is helping to build a financial system that depends on cryptocurrency. As we all are aware, the year 2020 has been one of the toughest years due to pandemic and followed by an economic crisis. Despite all the odds, Real estate blockchain development has bright future plans for its users. If we look into the global economy, then real estate plays a vital role. Not only for the fact that it generates trillions of dollars, but with time, there has been a downfall in terms of transactions. Cleary, the transparency between the different bodies maintaining the financial aspects has not shown positive progress. As a result, here are some of the benefits offered by Blockchain’s real estate development.

  • Allowing tokens for transactions in regards to assets concerning real estate.
  • With an automated process in the real estate area, the cost can be reduced to a certain extent.
  • The user can now access global assets and buy and sell it efficiently.
  • With the trans[arency in the data and as a user, when you can get your hand on the information, it further helps you to make better financial decisions and look for a profitable portfolio.

To simplify it, these tokens are assets that can be compared to bonds, share stock, warrants, and lastly, bonds. The Security Token Offering Development team is entirely responsible for guiding the investor and increasing the chances for earning profit.

STO stands for Security Token Offering, which is a term used for digital or cryptographic exchange. To deep dive into the topic further, STO Development Services carefully helps to secure the token, and the technical team can create a dashboard for better understanding the fund and investors’ interest. The need for STO services ensures the digital transaction is safe, and one can continue with the trading.

Here are a few examples of how Blockchain’s real estate development transformed the real estate industry.

One needs to keep in mind as they enter the real estate market guidance from an experienced person, in-depth knowledge, and lastly, executing the idea with help from professionals from the real estate field.

  1. Managing Assets and real estate funds.
  2. Financing projects in real-time.
  3. Accounting details being shared in real-time.
  4. Guide to investors before investing in any particular project.
  5. Last but not least, managing the property.
  6. Planning of the real estate only after consultation with the group of people designing urban societies.

Whenever there is an urban community, the initial work of real estate development starts with help from people staying in such a community. Often those individuals feel dejected for not partaking in the planning procedure. But with the help from the blockchains planning program, it can educate the people. In return, they can earn incentives with active participation with a few educational resources. This ensures that the community of people is happy, thereby improving confidence in the public. As well, it helps the community to thrive together on prosperity by achieving sustainable success.

Lastly, one needs to educate oneself before entering the cryptocurrency territory. Blockchain is one of the leading bitcoin explorer services. Since this is a comparatively new area, people need to gather as much knowledge as they can before doing it right. Hence the need for various teams to make sure the investment bears fruit with passing the time; one such important part is the STO Development Services and STO Solutions, which will help you make better decisions with your investments.

With Blockchain’s real estate development, we are all quite accustomed to all the hidden perks of…

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Real Estate Investing Through Security Tokens

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Codezeros

Real estate being the largest global market in the world, is currently valued at approximately $200 trillion which is 33 times more than the global gold market. Small improvements in the real estate market can have tremendous economic value. It’s hard to find a segment that has not been influenced by Blockchain Technology and real estate couldn’t escape the blockchain disruption either.

In this article, we will look at how blockchain technology can be leveraged to invest in real estate through STO solutions.

Tokenization refers to the digitization of real-world assets. With the help of Blockchain in Real Estate, digital assets can be programmed to represent ownership rights, which can be sold as “security tokens”. Through the use of robust smart contracts and technology, security tokens create a standard trade between buyers and sellers.

The main difference between security and utility token is that security token holders are entitled to ownership rights and are considered as “securities” by most financial regulators whereas utility tokens function as coupons and give holders no right or stake in the asset.

Real estate being the largest global market in the world, is currently valued at approximately $200 trillion which is 33 times more than the global gold market. Small improvements in the real estate market can have tremendous economic value.

Let’s explore some possible improvements in-depth:

  1. Increased Liquidity In Real Estate

Blockchain technology in real estate adds liquidity in the intrinsically illiquid market. With Security Token Development, it is easy for the owners of expensive properties to quickly sell their assets without affecting the price. Miniscule investors can diversify their global real estate portfolio with a small ticket.

2. Reduced Intermediaries

With blockchain, the number of intermediaries is reduced almost to naught as most of the processes are automated and minimal human participation is required. This substantially eradicates the fees and charges paid to the intermediaries, which will ultimately result in significant cost and time savings.

3. Enables Fractional Ownership

Blockchain real estate development would lower the barriers to real estate investing by allowing fractional ownership. Typically, investors would require a significant amount of money upfront to acquire property but tokenizing ownership enables “fractional shares” which lowers the capital requirement. Hence, it would be possible to hold half or even 10% or 20% of the land.

4. Diversifies Real Estate Portfolio

Diversifying investments minimizes the risk. Real estate investing through blockchain enables the ability to diversify the investments not only by region but also by allowing the investors to spread their money in different categories of real estate; be it residential, multifamily, commercial, or cash flow properties. By tokenizing ownership of a real estate, investors do not necessarily have to own 100% of a single property but they can own 10% of a property in 10 different cities around the globe.

5. Irrefutable Proof Of Real Estate Ownership

The digital history of transactions held in the blockchain ledger enables the investors and stakeholders to prove their ownership beyond any doubt. This technology leaves no room for fraud attempts. It shows the exact history of ownership and makes it impossible to falsify transactions or con the investors.

In the next part, we look at some of the ongoing projects who used Blockchain real estate development by converting them into security tokens.

Polymath

Polymath makes it easy to unlock the blockchain to tokenize and trade assets. It is dramatically lowering the barriers by providing STO Solutions that represent real-world ownership of assets such as real estate. It is an ecosystem that comprises KYC/AML, broker-dealers, law firms, and exchanges that facilitate the compliance of security tokens.

Polymath had partnered with BlockEstate, a real estate fund in an attempt to use predictive analytics to manage its real estate portfolio. Unfortunately, they decided to shut down the project which would have been the first instance of a real estate property represented by the ST-20 Security Token protocol.

Harbor

A platform designed for tokenizing private investments, Harbor seeks to leverage blockchain technology to record, maintain, and transfer ownership of investments including real estate. It provides a decentralized protocol to establish and maintain standardization for tokenized securities. Announced with much fanfare, Harbor’s STO Development Services for a real estate project (Hub at Columbia REIT) had collapsed.

ReitBZ

Security Token Offering Development by ReitBZ is the first of its kind for the Brazilian real estate market. It combines local expertise and global reach to offer the best investment opportunities for its investors. They claim that real estate is a flourishing market in Brazil and after a period of economic lockdown they have started to recover and it is the right time to invest in this asset class.

Challenges

Though blockchain technology could have a drastic effect on the real estate industry, it is still in its early stages and full adoption and adaptation across the real estate industry come with its own set of challenges like regulatory uncertainty and general lack of understanding in the budding industry as many are yet to fully explore its potential applicability.

Though it is clear that this emerging technology has the potential to disrupt the real estate industry, there is a long road ahead before it reaches maturity. We see a strong promise and future regarding its implementation and proper regulation with time and efforts and before we know, we would be buying our new house on the blockchain.

Real Estate Investing Through Security Tokens

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What is Blockchain Technology, and How Does It Work?

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Are you a Blockchain enthusiast? Want to gain in-depth knowledge about it? This guide will help you in understanding what this technology is all about its benefits and how it works. 

So let’s get started. 

Table of Contents

  • Blockchain: In Most Simple Words 
  • Bitcoin and Blockchain: How They are Related?
  • Working Mechanism of Blockchain
  • Benefits of using Blockchain Technology
  • Concluding Lines: How to Learn Blockchain?

Blockchain: In Most Simple Words 

Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary. It is an emerging and revolutionary technology that is attracting a lot of public attention due to its capability to reduce risks and frauds in a scalable manner. 

Now here comes the question why is Blockchain a distributed, decentralized P2P network? A decentralized network offers multiple benefits over the traditional centralized network, including increased system reliability and privacy. Moreover, such networks are much easier to scale and deal with no real single point of failure. The reason why Blockchain is distributed is because of shared communication and distributed processing.

The P2P architecture of Blockchains provides several benefits such as greater security compared to traditional client-server based networks. A distributed P2P network, paired with a majority consensus requirement, provides Blockchains a relatively high degree of resistance to malicious activities. 

Looking for the best Blockchain Certifications? You are just a click away!

Bitcoin and Blockchain: How They are Related?

Although the advent of Blockchain has taken the world by storm, many people still get confused about these two terms. Thus, it is important to understand how these terms differ and how they are interrelated.

Bitcoin is a cryptocurrency, which is an application of Blockchain, whereas Blockchain is simply an underlying technology behind Bitcoin that is implemented through various channels. So if you are working on Blockchain and learning Blockchain, then you are not actually learning cryptocurrency but learning how cryptocurrency works. 

Working Mechanism of Blockchain

Blockchain can be defined as a shared ledger, allowing thousands of connected computers or servers to maintain a single, secured, and immutable ledger. Blockchain can perform user transactions without involving any third-party intermediaries. In order to perform transactions, all one needs is to have its wallet. A Blockchain wallet is nothing but a program that allows one to spend cryptocurrencies like BTC, ETH, etc. Such wallets are secured by cryptographic methods(public and private keys) so that one can manage and have full control over his transactions. 

Now, this is how Blockchain works. Initially, when a user creates a transaction over a Blockchain network, a block will be created, representing that transaction is created. Once a block is created, the requested transaction is broadcasted over the peer-to-peer network, consisting of computers, known as nodes, which then validate the transaction. 

A verified transaction can involve cryptocurrency, contracts, records, or any other valuable information.

Once a transaction is verified, it is combined with other blocks to create a new block of data for the ledger. 

 Here it is important to note that with each new transaction, a secured block is created, which are secured and bound to each other using cryptographic principles. Whenever a new block is created, it is added to the existing Blockchain network confirming that it is secured and immutable.

Benefits of using Blockchain Technology

We have learned a lot about Blockchain technology. Now let’s explore what its benefits are.

Immutability

In a traditional database, you have to trust a system administrator that he is not going to change the data. But with Blockchain, there is no possibility of changing the data or altering the data; the data present inside the Blockchain is permanent; one cannot delete or undo it. 

Transparency

Centralized systems are not transparent, whereas Blockchain (a decentralized system) offers complete transparency. By utilizing blockchain technology, organizations and enterprises can go for a complete decentralized network where there is no need for any centralized authority, thus improving the transparency of the entire system.

High Availability 

Unlike centralized systems, Blockchain is a decentralized system of P2P network which is highly available due to its decentralized nature. Since in the Blockchain network, everyone is on a P2P network, and everyone has a computer running, therefore, even if one peer goes down, the other peers still work.

High Security 

This is another major benefit that Blockchain offers. Technology is assumed to offer high security as all the transactions of Blockchain are cryptographically secure and provide integrity. Thus instead of relying on third-party, you need to put your trust in cryptographic algorithms. 

Concluding Lines: How to Learn Blockchain?

Learning Blockchain is easy now, all thanks to reputed online courses and training sessions. Blockchain Council is one such organization that offers online training and certification programs to aspiring trainees to render them desired competencies so that they have a successful career in the Blockchain space. Keeping the rising demands of blockchain professionals in mind, Blockchain Council certifications are diversified to meet each aspirant’s discrete needs. Right from understanding what Blockchain is, the certification covers a variety of basic and advanced level topics.

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council.  

What is Blockchain Technology, and How Does It Work?

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