Highly liquid investments abroad: no magic just tokenization
The SHIFT.сash platform, based on blockchain technology, will be one of the first projects in the lending market, where the collateral will be tokenized. We want to share our experience and tell you how new technologies open up international borders for investors, as well as investments in safe and instant in a variety of segments.
Security. Blockchain is a kind of database that, due to its structure, reduces the risks of distortion or falsification of data to zero. First, the system is decentralized, that is, the primary information is stored not on any one computer, but on the computers of all participants in the system at once, so it is almost impossible to hack it. Secondly, each new blockchain of information, like a DNA cell, contains information about the whole system, so that it will not accept incorrect information.
Instant. Commercial transactions in the blockchain system are carried out based on smart contracts. The conclusion of a smart contract is a fully automated online process that does not require the participation of any intermediaries, such as lawyers or notaries. This allows you to carry out transactions instantly, regardless of the distances and boundaries between the parties to such a contract.
Limitless. It significantly expands opportunities for investors from anywhere in the world to tokenize real assets, that is, translating the values of certain objects (real estate, jewelry, art objects and so on) into digital form. Safe and instantaneous movement inside the blockchain system is not only about the crypto currency, but also about real assets. The system is similar to the stock market, but only in the digital environment: it is not necessary to hold value in their hands, it is enough to have confirmation of possession of this value.
Our highly specialized SHIFT.cash platform takes advantage of the blockchain, smart contracts and tokenization to create attractive conditions for investors. The application works in the lending market and accepts cars as collateral. The investor can credit the borrower from anywhere in the world through the app in just a few seconds, and at the same time always be aware of the state of his loan. An integrated system for processing large data (Big Data) without the participation of a people and, accordingly, the human factor, assesses the value of the collateral (vehicle) and translates this information into the application system. As a result, the investor credits the borrower in a scheme that is the most similar to peer-to-peer, but with the bonus difference that the loan amount is secured by a real assets. In other words, the pledge is tokenized, because of which the funds are secured not only by a smart contract, but also by an obligatory asset — a car.
