Beside our listings platform eLocations.com, we are developing the smart contract for leases. The use of the technology’s permanent, public, and tamper-proof qualities to store and run automated contracts is the most exciting blockchain application. Smart contracts are faster to set-up, more transparent, and less open to challenge and litigation than traditional contracts. And within the next decade billions of commercial lease contracts will be decentralised on the Blockchain. More details are explained in the Whitepaper.
The global retail real estate market is fragmented, opaque and offline.
The industry is vast, with millions of stores worldwide.
No visibility across the market for retailers to see all available retail property, or to find detailed location intelligence.
This is inefficient. Wasting time, money and creating costly mistakes.
Decision making is extremely limited.
The Commercial Properties Market Place & Blockchain Revolution.
We switch millions of offline paper contracts into online smart contracts on the blockchain and transform the retail property business with Big Data from the bricks to the clicks.
The mission is to build the worlds most trusted and powerful retail property marketplace to empower global retail brands as well as property owners, investors and real estate brokers with information and tools to make intelligent location decisions.
Our aim is to analyze and cover all store openings on the map globally. These new shops are located in the 500+ most important shopping streets for the top retail brands, like e.g. Fifth Avenue, Causeway Bay, New Bond Street and Rue Saint Honore.
Furthermore, our aim is to provide real estate and turnover data of 3 million retail properties and boutiques for fashion retail in prime locations worldwide.
Read more about our solutions in our whitepaper.
Tenants can securely and safely execute a legal contract which is signed by the parties using their Blockchain keys / identities and then immutably store that contract on the Blockchain. This can be done in seconds without wasting paper or crucial time. Because of the massive database of eLocations and the big transparency they can check and compare other rates to get average rates.
Landlords can shorten the vacancy time and are able to compare rents and prices of neighbour or similar retail properties. eLocations enables an easy, fast and secure collection of rents thanks to the LocationToken. The own Blockchain technology makes low transaction costs possible.
eLocations makes it easy for brokers to identify potential tenants and increase their own location portfolio. As the first platform we are providing brokers with location intelligence and exact data about the demand side, so that they have to do only 10 instead of 100 calls to find the new tenant or buyer.
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