Proofsuite.com
Proof, Inc. which started as a research group called Think Consortium, aims to provide a gateway between Blockchain and the real world and real people. What are the complication that people have with blockchain, and what can we do to make it easier?
What do we do:
Our platform gives the tools for users to post and share their assets using smart contracts, legal contract generator, and other tools which users can take and use for their own purposes. Although Proof gives the tools, it does not regulate or endorse any of the assets or purposes that users will do with them. Proof aims to get feedback from the community of the very young Blockchain technology users to grow and expand it’s network and give it’s users what they want to use. It’s up to the user to figure it out, and play with it, without the fees and other complications that BTC or ETH might come with.
Current Working Tools:
-Dashboard: marketplace for featured assets
-ICO launching page
-Assets posted and tokens created for users to trade, sell, or buy from one another
-ICO countdown page
-ICO agreement page
-Asset listing page
-Proof Docs
-more…
Previously these services were offered at a premium cost to people who want to launch their own ICOs. Maybe $50K-$100K depending on how serious of a service you want to offer. But Proof believes in the free testing process that early adopters to Blockchain might have, with it's own sidechain of the Ethereum network, all the fees to trade, send, and generate tokens through a smart contract, completely free.
What does this have to do with real estate?
Essentially, real estate is an asset that is tangible. It already lends itself as something that can utilize Blockchain and tokenization because of it’s current partial property ownership structure. But, micro—$1-$2 shares in a property? Unthinkable, as a documentation and transaction standpoint. But utilizing the ledger ability of Blockchain, knowing who owns what, what the terms are for ownership, and quick trading between parties involved, that’s where a transaction history ledger capability of Blockchain really kicks in. Users can post their property, generate a legal contract, a smart contract, and deal with the compliance issues, and create liquidity in small portions like never before.
Only those assets that have been screened and verified to have been compliant and legally allowed will be featured. All other assets are posted, traded and shared at the users discretion. They can post the assets they made, use Proof's API's all on their own website or share it with their own network free of cost.
Right now there are people posting their own assets, getting their own networks to buy them and trade them in their own circles. Users can choose any blockchain network, for instance the Proof blockchain, which is a sidechain of Ethereum, which allows users to make smart contracts and trade tokens for free. For other users, the Ethereum blockchain, or the Hyperledger Fabric blockchain will suit their needs.
Proof provides a platform where all of the blockchains can meet and users can do whatever they want with the utility that each network provides.
Set for July 1st, 2017 will be the mobile Android app launch. ICO details for Proof, Inc. to come after more developments and improvements to the platform to be made.
We strongly encourage those who have questions to do some research on their own about blockchain, as it is in a very young phase. If there are questions about our platform and how to use it feel free to contact Proof, Inc. or join our Slack group.
Interesting thoughts
Excellent write!
Thanks for the good article
Interesting
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