Average time to close mortgage loans, purchase around 46 days and refinancing 43 days, and the HELOC 43 days. Our technology reduces time for this process on 25-50%
Origination costs can be reduced by 50-200 bps by optimizing compliance, audit costs, data validation for rating, and automating the reconciliation of financial institution and regulator databases
Asset receives its fair price only at the time of the audit. Between audits its price is managed by expectations and market sentiments
Creating programmable securities for non-standard assets leads to transparency and reduces the cost of raising funds by 100-500 bps
Smart contract uses nor just database tables, but “tokens” as an internal data model representation, in that way it allows easy extension of functionality required for tokenization of various entities mentioned in a scheme
The token could be considered as a “crypto-yen”. The owner of the tokens has a right to get a corresponding amount in yens. The exact amount it calculated inside the smart contract
Constant data are stored inside the contract in a Data Model, variables are passed via Dapp
Based on the results of the calculation tokens are distributed among beneficiry’s accounts and output data exposed to generate regular reports available for investors via DApp
We avoid integration with banking system at the first of the project, and input required data from simple CSV data files via DApp
Crypto-Yen is used as internal accounting quantity to reflect balances of every particular user in a system
The information contained in this website and any files is for informational purposes only, and should not be regarded as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be in violation of any local laws
