BenchCoin: A Digital Enterprise
BenchCoin: From The White Papers, Clip 4
A digital enterprise is an organisation that uses technology as a competitive advantage in its internal and external operations. In today’s world, virtually every business uses some form of technology, however the evolution of the digital enterprise means entire business processes, products and business models are being digitised.
The trend toward digital integration is undeniable with digitisation driving quantum leaps in performance and efficiency. According to a report by PricewaterhouseCoopers which explores the benefits of digitising horizontal and vertical value chains, as well as building digital product & service portfolios, the numbers are staggering.
- $493 Billion in digital revenue gains per annum
- $421 Billion in cost and efficiency gains per annum
- $907 Billion in annual digital investments
BenchCoin Digital Student Property Enterprise
This evolution is disrupting the way business is being conducted. For our project, the areas where new technology has the greatest impact on added value are;
- Smart Buildings with IoT Technology
- Open Management Business Model
- Digitisation of Real Estate
- Peer-to-Peer Marketplaces
A digital enterprise will provide greater annual revenue, reduce costs through efficiency and provide revolutionary product and service innovation to the real estate industry. This impact will be magnified in the student housing market where there are greater investment barriers and less liquidity than traditional real estate.
Our Smart Buildings with IoT Technology will increase efficiency and lead to greater bottom line revenues. Our Digital Student Property Marketplace will provide a much needed liquidity source for current property owners while providing unprecedented access to the market by allowing almost any investor from any part of the world to invest in property starting at just €1.
Not only will average investors now be able to access the student property market, but they can now afford to build property portfolios. Even students themselves will now be able to invest in student housing!
By creating the first Digital Student Property Marketplace, we believe BenchCoin is set to outpace our competitors with a “first mover” advantage in the industry, disrupt the current market and democratise student property ownership.
What’s up next…
In the next part of our series, “BenchCoin: From The White Papers”, we will talk about the benefits of the Scalability of Marketplaces and the positive impact of scalability on our project.
BenchCoin Project on Medium: From The White Papers
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