Minggu, 19 Agustus 2018

INFRACOIN

Real Estate Invesment Platform

What is Infracoin?

InfraCoins is a decentralized ecosystem for property registration that will use block technology to make the recording process cheaper, more convenient and safer. InfraCoins technology reduces traditional frustration, fraud, delays and friction points in the process of hotel reservations and rental reservations for the benefit of customers and customers. Although the cost and characteristics of homes and hotels vary across the world, many countries experience similar problems in long-term rentals and hotel accommodation. The mission of InfraCoins is to offer solutions that are equally effective for residents of international borders.
InfraCoins aims to help enable this tiering and signing service to reach the threshold of switching from fiat to crypto by developing platforms that focus on the practical applications of smart contracts and blocking technology in booking and hotel property transactions.

Problem

Technological evolution has led to the disruption of multiple sectors in recent years. Despite so many other industries having been successfully disrupted in recent years (retail, social media, transportation), the property listing space remains mired in tradition and lacks comparable innovation. The process of hotel booking and long-term rentals still results in frustration and lost time for both the customers and clients. There has not yet been technological disruption significant enough to usher in a new and better way to rent and book. Here at InfraCoins, we aim to change that.
Global practices for hotel booking and rental process still include listings in the form of simple classified ads in print publications or on sites like bookings.com, Airbnb.com Craigslist, Zillow, Rightmove and Zoopla which provide limited information about a particular property for prospective tenants and essentially no support for actionable items, such as the application process, contract execution, collection, and maintenance requests.

Solution

InfraCoins offers users a fully operational, web-based hotel booking and long-term rental, listing platform. Our goal is to leverage blockchain technology to ensure a seamless hotel and rental booking experience which will allow the entire rental application, rental contracts, booking hotels process and listing to be completed quickly and online. It is still common practice to complete many tasks manually.
This includes prospective landlords, accepting paper checks or cash, rent payments, releasing of deposits, calling hotels to confirm if the payment is received, booking is confirmed, etc. In addition, agents and brokers sometimes charge significant fees for minimal services, and landlords force tenants to freeze thousands of dollars in rental deposits.
International renters face problems qualifying to rent overseas as their credit scores and credit histories are only valid in their country of citizenship or in the country in which they are legally qualified to work and live in at the moment.
Using InfraCoins, property owners and travelers in countries across the globe will have the opportunity to enjoy a transparent and universally applicable platform for listing their properties for rental or commercial purpose. Also with our INF tokens customers will be able to book hotels anywhere in the world with low transaction/commission fee.

How It Works?

The Decentralized INF Ledger is the engine that regulates all transactions and relationships between the hotels/property providers and the clients. In its core, there are going to be rules and operations governed by smart contracts which will be deployed in the Ethereum Virtual Machine.
Users upload the property listing on the INF blockchain; free of charge,InfraCoins allows users across the platform to freely access data and also make transactions using INF Tokens.
InfraCoins will perform the KYC of the user digitally within minutes, by validating the documents and identification proof using AI and NLP. Once the KYC is approved, then users will be provided a trust worthy score, which can help the lender make the right decision of proceeding with the transaction.
On booking of hotel a smart contract will be triggered (agreement), which includes details such as price,hotel details and cancellation policy. Based on the terms of the contract, the smart contract initiates the payments from customer.On checkout the contract triggers the payment to the hotel.

Some of the operations (but not limited to) the decentralized INF Ledger will run:

  • Booking placement
  • Booking confirmation policy (instant/or after review)
  • Deposit holding
  • Deposit release/refunding upon check-out
  • Check-in requirements & up-grade possibilities
  • Dispute trigger & dispute terms
  • Deposit withholding
  • Optional history/reputation requirement for customer
  • Listing of rental properties
  • ..and more

ICO Distribution

Roadmap

July 2017
Concepts and ideas
August 2017
Planning and conceptualization
September 2017
Market research
October 2017
Acquisition of partners and ownership
January 2018
Prototyping – List of properties and websites for booking hotels
March 2018
Prototyping – List of properties and booking of hotel reservations
April 2018
Development of intelligent test contract development
May 2018
The implementation of the intelligent contract is complete
July 2018
VIP sales begin
The sale of ICO begins
August 2018
The sale of ICO begins
October 2018
ICO’s sales are running out
December 2018
Official launch of the website
January 2019
Registered on the Exchange
February 2019
Official Launch of Mobile Applications

TEAM

Jagdish Suvarna: CEO
Bhushan Kadu: CTO
Cess Laguardia: CMO
Vansh Tah: BlockChain Developer
Evan Joseph: BlockChain Consultant
Manjunath Shetty: Data Analyst

Advisor

Hoo Lin Coln: Legal Advisor
Anthony Abunassar: ICO Advisor
Alex Linenko: ICO Advisor
Andrey Korotkov: ICO Advis0r
Alexandre Orfevre: Community Development
Brian DePierre: ICO advisor
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