BitRent – a platform for decentralized organization of real estate investment based on Blockchain and Smart Contracts.
Our Mission
Provide everyone with the opportunity to make investments in real estate, both commercial and residential, at any construction stage with no geographical reference.
Our ultimate goal is to make this process as fast, transparent, and secure as possible.
What Problem Does BitRent Solve?
One of the most widespread problems of the real estate market of today is a reserved and conservative approach during the early stage of construction, when a developer needs seed capital most of all. An outdated control and monitoring model in construction sector usually causes construction rise in price and a failure to meet the date of facility commissioning, thus, making this sector quite unaffordable for the majority of people. This problem is exacerbated by the lack of a unified database of construction objects in need of additional funds as well as the limited access to this information of a general public. BitRent solves these issues by combining the following innovative technologies within one platform: BIM, RFID, LEED, BREEAM, Blockchain, Primavera and Smart Contracts. The mentioned above solution offers everyone, from large companies to individuals, an access to the opportunity to participate in constructions at early stages and with no geographical reference. At the same time, this platform provides developers from all over the world with the opportunity to pull together funds from multiple unrelated sources, significantly increasing the pull of participants. Such a system promotes competition and more adequate pricing.
How Does BitRent Operate?
A developer publishes an object on BitRent platform with the aim to draw funds. A token holder (or the “Member”) who has an access to this platform chooses the object that best meets his/her criteria/interests. Then, Smart Contracts Pool is built as a basis for all platform’s elements functioning, including token holder – developer cooperation. The Member transfers chosen cryptocurrency or fiat to the construction project’s wallet. The Member controls all construction processes in real time.
The Company and Management
BitRent is headquartered and incorporated in the City of London. BitRent founder – Dmitriy Starovoitov possesses extensive experience in real estate construction while Carl Francis, architect and leading advisor, has worked in architecture sector for more than 18 years worldwide.
The management of BitRent consists of a founder Dmitriy Starovoitov and co-founder Dmitriy Shapran. Both partners will be taking hands-on management roles in the company. Moreover, we have assembled a board of experts in construction and blockchain fields to ensure efficient management operations. The experts are: 1. Carl Francis, Non-Executive Director at Imperial Corporate Capital 2. Abdulla Almansoori, Partner in Capital Capture (UK)
3. James Trefty, Senior Software Developer at California Earthquake Authority Our Services
Our clients are private individuals and small and large companies who, by participating in our most promising platform based on blockchain technology, aim to have the access to the real time information about real estate worldwide and the opportunity to participate in construction decisions at different stages. BitRent’s construction transactions are secured by relevant technologies – RFID tags, BIM, Smart Contracts and Blockchain.
Bitrent