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  Published Paper Details:

  Paper Title

TOKENIZATION OF REAL ESTATE ASSETS FOR CROWDFUNDING INVESTMENT WITH ETHEREUM SMART CONTRACTS

  Authors

  Kannan M,  Sankara Kannan S,  Sivasankaran T,  Mugilvannan R

  Keywords

Blockchain technology, Commercial Real Estate, Crowdfunding, Investing, Initial Coin Offering

  Abstract


Global real estate (RE) investments is one the reliable investment in terms of the returns received. Yet the number of investors in RE are much lower, because of the liquidity and global access. Blockchain and Real Estate go hand in hand. The kind of security and transparency needed in Real Estate is exceptionally provided by Blockchain. Tenants, owners, and investors are barely satisfied in the current system. Consider a scenario where you buy a house as an investment. The property you want to buy is very expensive and you are unable to buy. We propose a system which will help us to solve this problem. The investor is given platform where we will conduct an Initial Coin Offering (ICO) which is a type of crowdfunding, where we sell ERC20 Tokens to the investor and raise funds. We the platform then use the raised funds to buy real estate properties and we put those properties up for rent. Then the rent we get from the tenants is split between the investors based on the amount of token they own which is verified by the smart contracts in the Ethereum blockchain. Hence we can eliminate and overcome the major drawbacks we face in the commercial real estate market

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2104700

  Paper ID - 206488

  Page Number(s) - 5863-5870

  Pubished in - Volume 9 | Issue 4 | April 2021

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Kannan M,  Sankara Kannan S,  Sivasankaran T,  Mugilvannan R,   "TOKENIZATION OF REAL ESTATE ASSETS FOR CROWDFUNDING INVESTMENT WITH ETHEREUM SMART CONTRACTS", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.9, Issue 4, pp.5863-5870, April 2021, Available at :http://www.ijcrt.org/papers/IJCRT2104700.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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