BrickBlock - Trade tokenized ETFs, real estate, and coin funds in a secure marketplace.

November 13, 2017 Harry DeVries 0 Comments


Brickblock founders believe the majority of people in the world are undeserved by current financial system, the traditional investment system is expensive, complex, and can be restrictive based on income and location. Brickblock has a blockchain solution to revolutionise the industry, by creating a new crypto currency in investment, it is safe, simple and fast. 


This article will provide a comprehensive understanding on Brickblock plans to revolutionise the way people invest by making the future of investment easier, cheaper and more secure using blockchain based investment platform for Exchange Traded Fund (ETF) and Real Estate Fund (REF). 

ETF tracks index of multiple underlying assets, like stocks, bonds, commodities such as gold or silver, foreign currencies at cetera. Hence, one ETF share equivalent to own multiple assets. For example, one of the most widely known and traded ETFs tracks the S&P 500 Index, and is called the Spider (SPDR), and trades under the ticker SPY. In just one purchase of ETF with Brickblock, you own the share of Berkshire Hathaway, JPMorgan Chase, Bank of America, Citigroup at cetera and investors are entitled to a proportion of the profit of each company. These are companies you will never ever thought owning one traditionally and today, Brickblock found the solution to change the future of investment. 

The problems with TRADITIONAL investment and solution provided by Brickblock.
1) High brokerage fees It is a huge disadvantage for small transaction because it contributes to high percentage of the actual investment. Brickblock solves all of these issues and will replace stock exchanges in the long run by reducing cost, and give all cryptocurrency holders the possibility to invest seamlessly and transparently into real estate indices like the S&P 500. By doing this way, it is easy to hedge against the volatility and risks involved in single crypto currencies. 

2) Geographically restricted Nearly impossible to buy foreign ETF as non-institutional investor because of the institutional bureaucracy, mainly on law and regulation. Brickblock enable investments from anywhere in the world at any time securely with encrypted blockchain technology. 

3) Slow Process The current process is old fashioned where local brokers will trade over-the-counter (OTC), over-the-phone (OTP) and entirely based on trust. Brickblock tackles these problems by tokenising ETF shares by using the blockchain and smart contracts to trade the tokenise assets. Brickblock speeds clearing houses, and clearing settlement time to just one minute versus two days. 

In short, blockchain is a decentralised online network that allows people to directly exchange money, property, shares, or other assets. This exchange happens peer to peer without a third party. It is legal through the smart contracts automatically execute the terms between a buyer and a seller, publicly traceable, transparent and irreversible. Example, an investor wants to buy one bitcoin in real estate shares. He or she places an order with a real estate fund manager who agrees to sell one bitcoin worth of shares, the smart contract automatically confirms the transaction and each party received their respective assets. 

The power of Blockchain technology will change people life because current investing system is outdated and renewing it with digital currencies is the way forward. Join Brickblock in major social media and community channels. We are also to hearing your feedback and ideas.