6 March 2018 guide on blockchain platform BitRent held the closed presentation to key investors and executives of the construction departments of the UAE. The event was called BitRent Private Conference.

Who took part

Agreement of intent was signed by known developers UAE: Damac, Dubai Property, 22 carats, Kempinski, Virtue GI.

The conference was attended by investors, the total state which according to Forbes is estimated at more than 15 000 000 000 $ USA. The event was attended by Sheikha Saif Al Mansoori, Sheikh Sultan Al Nuaimi, investors Mahendra Patel. Among the invited guests were:

  • Safwan Abdulkarim, Vice-President of Damac;
  • Mohamed Mahgoub, chamber of Commerce;
  • Saif Al Mansoori, Ben Mansuri Company;
  • Abdulhakim Mahmood, Director of Dubai properties Group;
  • Alexander Pushilin, a private investor;
  • Mohamed Fawad Akber, CEO of AIP;
  • Mahendra Patel, a member of GEAP group;
  • Maria Marchenko, founder of Caprica Media;
  • Pradeep Padmanabahan Director of the group, OBS, and many others.

The Purpose BitRent Private Conference

The main purpose of the presentation, pursued by the creators of the project — Dmitry Starovoitov, Igor Pavlov and Vadim Dashut is to bring together the leaders of crypto, blockchain funds and leading experts of construction industry, to create favorable conditions for establishing business relations. The presentation of the unique construction blockchain platform and the first object licenzirovanie allowed to reveal the potential BitRent for the development of construction industry and demonstrate the points of contact of the real estate sector and cryptoeconomy.

The platform will help to solve the main problem of the construction market — closedness and conservatism, will allow investors not only to invest but also to fully control the construction of objects.

The advantages of the platform

One of the key advantages BitRent — low entry threshold. This allows you to bring to the construction of a virtually unlimited number of participants. Security operations platform is guaranteed by the Blockchain technology, Smart Contracts, BIM and RFID.

Members get full access to the database under construction, can choose the object for the parameters of interest, to vote for priority projects, monitor the phases of construction in real time. BitRent not bound by geography — to invest in projects around the world, everyone can.

Investors not only receive up to 30% of the profits from investments, but also become equity owners of the slave objects. The investments in the projects of the platform, is protected against exchange fluctuations, and the procedure of investing and monitoring the construction is extremely simple and transparent.

Construction companies come in at any stage of construction. They get access to the database of participants and the right to present themselves to the participants of the platform and thus attract investment.

What was presented

The founders of the company BitRent presented functional capabilities of the platform, and the members of its strategic partner, the construction giant “Megaline”, presented the first object — Unity Towers.

Unity Towers is a complex of three skyscrapers, which combines the functions of a residential complex, hotel, a modern business co-working center, the IT-Hub with adjacent structures with separate building-Parking for 450 cars. The complex will be located in a resort area with direct access to the Black sea. This will be one of the key advantages for investors when choosing an investment object.

About the platform BitRent

The participants of the platform — owners RNTB-tokens (cryptocurrency BitRent) — get the right directly affect the speed of construction of the selected objects. They can dispose of shares in the project at its discretion to buy and sell square meters.

“RNTB is utility token , payment method platform with a large amount of functions. 2018 a year of “Semantic token”, when the cryptocurrency is a real business, real economy sector,” commented the founder of the platform Dmitry Starovoitov.

Details about the features BitRent you can find on the official website https://bitrent.uk/.