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Reinno – Tokenize commercial real estate system
Reinno to build their tokenizing real estate system.
Project TypeBlockchain development
Goal and result
The project scope was to build their system with a dashboard for the users who come and invest in tokens of a tokenized buildings across the USA and creating a smart contract and admin panel which is able to create and upload new tokens for every new building.
We were hired from Reinno to build their tokenizing real estate system.
We create a Solidity smart contract in the Ethereum blockchain which was interactable from the admin panel of our client, so he able to quickly issue a new token for a tokenized building. Tokens are then live in the main Ethereum network.
Customers then are able to invest from the customer’s dashboard and website to the newly issued tokens by our customer. Of course, we create strong logging for everything that happens in the system because it is like a real real estate purchase, there are logs for everything in the super admin dashboards.
The next idea comes in the progress of creating the initial idea and it was creating a lending system for the tokens issued and some other cryptocurrencies. So we create a small bank mechanism that offers a leading to the users. Again we fully automated this and integrated it into the user’s dashboards.
We also take the security to the highest level and all the data is secured and everyone is logged in with 2-factor Google Authenticator mechanism.
The results are a very interesting project, a nice customer (we continue working on the system), many automation created, and much manual human time saved.