Unleashing the Power of Blockchain & Fractional [Real Estate] Ownership

Ravi Duddukuru
Apr 25, 2018 · 4 min read

We have been building Real Estate technology for more than a year now and it’s shocking how slow the industry is in adapting technology.

Despite Real Estate being the most owned Asset Class at more than $200 Trillion worldwide, there hasn’t been whole lot of innovation in the industry — from REITs in sixties to MLSs in eighties to Classifieds in nineties, changes in the industry have been few and incremental. Fortunately, Blockchain technology (with or without cryptocurrencies) is going to deeply and radically transform Real Estate along with few other industries. At Fracsn, we are determined to drive that transformation in Real Estate industry across the world — by building a highly scalable Fractional Ownership platform and Blockchain is the only way to do it.

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Fractional Real Estate Ownership Removes Barriers to Entry

Fractional Ownership Removes Barrier to Entry

Physical Location is No Longer a Barrier

Real Estate is highly regulated at multiple levels from Local to State to Federal Governments. While owning fractions of properties across borders is possible, it is always better to comply with regulations or buy fractional ownership through a platform that automates compliance (which is what fracsn intends to do).

Reduced Transaction Costs through Disintermediation

Reduced Transaction Time

Improved Liquidity through Deep Marketplaces

Fiat & Crypto: Why not let the market decide?

Land and thus any Real Estate is regulated at multiple levels of Government — it’s just a bad idea to bypass those regulations just because cryptocurrencies empower you to do so. Fracsn will always be compliant.

Second, based on our experience talking to hundreds of Real Estate Investors, volatility is NOT welcome in Real Estate Asset Class. Cryptocurrencies have proven to be a lot volatile and we do not think that is temporary — since there is no Central Bank to regulate and intervene to prevent fluctuations, we do not see how cryptocurrencies can ever become stable.

For these two reasons — (1) to comply with law of the land and (2) to prevent subjecting Fractional Ownership to volatility — we chose to go with Fiat Currency. We’d love to support crypto where there is demand — but still with compliance such as KYC/AML.

Transformation is Here!

fracsn

We are Fracsn - a Blockchain based platform that enables…

Ravi Duddukuru

Written by

Tech Entrepreneur with passion for Blockchain and Real Estate. MBA from UC Berkeley’s Haas School and London Business School. Previously GM at Adobe.

fracsn

fracsn

We are Fracsn - a Blockchain based platform that enables Fractional Ownership of Real Estate across the world. We believe in using fiat currencies and complying with local regulations while using Blockchain to revolutionize how people invest in Real Estate.

Ravi Duddukuru

Written by

Tech Entrepreneur with passion for Blockchain and Real Estate. MBA from UC Berkeley’s Haas School and London Business School. Previously GM at Adobe.

fracsn

fracsn

We are Fracsn - a Blockchain based platform that enables Fractional Ownership of Real Estate across the world. We believe in using fiat currencies and complying with local regulations while using Blockchain to revolutionize how people invest in Real Estate.

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