SMARTRealty is revolutionizing the real estate industry by applying smart contract technology to common real estate transactions such as rental agreements, property sales, and more. SMARTRealty is building a smart contract template and management system for use with all common types of real estate transactions, as well as real estate rental and property sales platforms that interact with all the major real estate listing services on the web.
How does the SMARTRealty and RLTY token system work?
The SMARTRealty system has three primary elements:
1) The SMARTRealty contract platform – The contract platform consists of a template system that allows contract creators to create their own SMARTRealty smart contract that fits the needs of their specific transaction and complies with local statutes for their jurisdiction.
2) The SMARTRealty listing platforms – The SMARTRealty listing platforms will allow property owners to list their properties for rent or for sale, and will distribute these listings to many other popular real estate sale and rental sites all across the web.
3) RLTY Tokens – RLTY Tokens are the official SMARTRealty token for use with SMARTRealty smart contracts. Payments can be made with any major currency (crypto and fiat), but will be automatically converted to RLTY tokens so payments are properly recorded and tracked.