What is the Blockchain? This 2 minute video explains it in a very easy way.
As usual, please leave you questions and ideas in the comments.
with love
your MinuteVideos Team
Video Script:
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Blockchain is a Peer to Peer software technology that protects the integrity of a digital piece of information. It was invented to create the alternative currency bitcoin [BTC] but may be used for other cryptocurrencies, online signature services, voting systems and many other applications. In this video we explain how it works and what makes it special.
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Everyone uses paper money. When you get a 10 dollar bill you trust that it’s not fake. If instead someone sent you an email saying “here’s 10 dollars” you probably wouldn’t trust it. But when we “transfer money”, use an ATM or pay with a deposit card that’s pretty much exactly what we do. We’re sending money in a digital message.
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To make sure no one’s cheating or sending money they don’t have, these “messages” go through a few trusted banks that keep a record of everything. They know how much money everyone has and deduct it properly for every transaction.
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But this becomes expensive when there’s a million transactions around the world every minute. The Economist estimates that banks charged us more than 1.7 trillion dollars to process these payments in 2014. That’s about 2% of the entire world economy! With bitcoin [BTC] we can save a lot of this cost because it lets us send money just like sending an email.
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Instead of sending a lot of payment information through a few servers, bitcoin [BTC] uses thousands of personal computers on the internet. All transactions are copied and cross checked between every computer in a system wide accounting book called the ledger, which becomes very safe at scale.
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Blockchain doesn’t just allow us to create safe money online, it lets us protect any piece of digital information. This could be online Identity cards, voter ballots, contracts and many other “legal instruments”, bringing bureaucracy into the 21st century.
Berlin, Germany — November 02, 2017 — REALISTO, a Berlin-based decentralized real estate investing marketplace, has officially announced its November 7 ICO pre-sale and November 15 ICO, which will last one month through December 15. REALISTO’s blockchain-based platform bridges the gap between real estate experts and investors by giving experts a chance to tokenize projects and crowdfund capital from investors around the world, both casual and professional.
[Note: This is a press release.]
The two-sided marketplace will initially launch with curated Berlin properties selected by REALISTO’s team of local real estate experts. These projects will be tokenized, added to REALISTO’s platform and then crowdfunded, providing both sponsors and investors a platform to foster projects globally. ICO participants can contribute Ethereum (ETH) and bitcoin (BTC) to acquire REALISTO tokens (REA) to be used in active real estate investments.
REALISTO Co-CEO, Rouven Rosenbaum, explains, “The inspiration behind REALISTO was to create access to investment opportunities that have so far been fraught with danger and inefficiency for the individual investor. Additionally, it is our goal to provide a stable and reliable platform for real estate experts to capitalize their projects. With REALISTO, you can select what project to invest in, manage your investment on our app, track real-world market value, and then receive proportional returns.”
2018 Product Roadmap Includes Global Expansion and Security
REALISTO ICO funds will be used to implement a transparent and fraud-proof trustee-wallet system that will make misappropriation and misuse of funds impossible. A Data Room will also be provided for investors to view bank protocols and fund activity.
Leonard Zobel, REALISTO Co-Founder, states, “This secure system will be different than conventional real estate investment funds and other ICOs that offer asset-backed tokens. We will use a rigorous system of checks and balances that guarantee the safety of international investors who take a leap of faith and invest in global projects.”
REALISTO will also be expanding globally with projects ranging from commercial spaces to small residential objects, with a carefully curated portfolio mixed with various project types that cater to different investment goals, yield-to-risk ratios, budgets, and more. All projects will be featured on REALISTO’s mobile application that is built on the Ethereum Blockchain, with full-functionality to search and invest in selected projects.
REALISTO ICO Schedule (November 7 – December 15)
The pre-sale and ICO dates listed will occur at 12:00 (UTC) and will be open to Ethereum (ETH) and bitcoin (BTC) contributions:
PRESALE [30% BONUS] [MIN. CONTRIBUTION 5 ETH OR EQUIVALENT IN BTC] November 7 [12:00 UTC] – November 14 [12:00 UTC]
ICO WEEK 1 [15% BONUS] November 15 [12:00 UTC] – November 22 [12:00 UTC]
ICO WEEK 2 [10% BONUS] November 22 [12:00 UTC] – November 29 [12:00 UTC]
ICO WEEK 3 [5% BONUS] November 29 [12:00 UTC] – December 06 [12:00 UTC]
ICO WEEK 4 [NO BONUS] December 06 [12:00 UTC] – December 15 [12:00 UTC]
About REALISTO
Founded in 2015, REALISTO is a decentralized, global platform dedicated to crowdfunding the world’s best real estate opportunities. Using , the REALISTO platform allows real estate experts to present unique projects, tokenize them, and offer them as curated investment opportunities. From rental properties to new developments, tokenized investments will be governed by an escrow-backed trust, providing security to high-yield investment projects.
Because there is no minimum or maximum investment requirement, investors can choose which projects to participate in and how much to invest. REALISTO was founded in Berlin by two real estate professionals with hundreds of successful real estate transactions in the Berlin market.
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What is the Blockchain? This 2 minute video explains it in a very easy way. 