In its efforts to build the first real estate platform through blockchain in Asia, AQWIRE is partnering with one of the biggest crypto companies in the Philippines to realize this dream.
As the first global real estate platform in Asia, AQWIRE will have the capability to list units from different developers worldwide, process payments through different conventional channels such as credit/debit cards, international bank transfers and SWIFT as well as give out different analytical data to help potential buyers with their purchasing decision. Adding a crypto payments gateway will only strengthen the platform.
AQWIRE will be able to handle real estate transactions in different stages of the sale cycle, from developers listing their units for sale to buyers paying their monthly dues in perpetuity. This gives all players involved a single platform, an ecosystem, where their real estate needs are met and everyone is satisfied.
What are the problems we’re solving?
Property developers and brokers worldwide are facing multiple barriers when trying to sell properties overseas. International property investors face similar challenges:
- Inefficient property search process due to fragmented listings data.
- Lack of a standard protocol for international real estate transactions.
- Lack of trust among entities.
- Lack of real time settlement of recorded transactions and efficient cross-border payments processing.
All of these challenges will be a thing of the past once AQWIRE is launched.
SCI or Satoshi Citadel Industries is:
‘A financial technology company building the Blockchain ecosystem in the Philippines. We seek to usher the financial service industry into a new era by creating Blockchain solutions and strategies that are faster, more efficient, and more accessible compared to traditional methods of using and moving money.’ – Satoshi Citadel Industries
That dedication and commitment to disrupt the current status quo is a trademark of SCI. As one of the first established blockchain companies here in the Philippines, they also seek to improve and streamline the old and sluggish processes rampant to our financial system, with services different products all focusing to introduce and teach about cryptos and blockchain.
With the growing adaptation of cryptocurrencies to various different industries, both locally and internationally, it would seem to fit the natural evolution of financial technology in the country. With specific niches and corresponding needs that are often addressed with the use of cryptocurrencies and blockchain.
Furthermore, as a truly global technology that transcends barriers, it is definitely the next step for real estate developers wanting to expand their international clientele. With various countries adopting the use of bitcoin and other cryptocurrencies as payment options, coupled with the increase need in real estate space, whether residential or commercial, accepting payments in cryptos is a smart decision.
This partnership will enable AQWIRE to process real estate payments in crypto, adding to its already robust payment processing capabilities. Giving potential real estate buyers and investors more options and significantly making the entire payment process more efficient and convenient.
What’s next for AQWIRE?
AQWIRE is currently on its fundraising stage. To fulfill its goal, AQWIRE is raising $9.9M through a token sale. Proceeds of which will directly be used for the development of the platform, as well as, on-boarding more and more real estate developers, both locally and internationally.
Q4 of this year will also bring AQWIRE to Thailand. With the goal of global real estate listings, Thailand is AQWIRE’s first stop, establishing presence in the Southeast Asian region before expanding to the rest of Asia.