Epic Innovation —- The New Era of Financial Technology

In 2020, the world economy is facing unprecedented challenges due to the impact of COVID-19. Rising unemployment, falling incomes, and a slump in manufacturing have created a chain reaction that has exacerbated the worldwide financial crisis.

Under the situation of repeated setbacks in traditional industries, where will the world economy and finance go? 

Is the near-collapse of traditional industries a challenge or an opportunity? 

Can we bring new vitality to world finance by redefining it?

A Swiss fin-tech project seems to be shining a light in its way. It is well known that the trade of land and natural resources has always been a difficult problem, which could only be solved in traditional ways in the past. 

For a long time, the bulk of land can only through the most primitive way, by the intermediary listing, and in a limited range to find the appropriate buyer. After a long time of matching the two sides of the buyer and seller to the final deal. Such an approach is inefficient, complicated, full of limitations, and greatly increases transaction costs. Even with the Internet nowadays, many intermediaries have set up websites and made full use of social media. But in essence, this is still no different from the traditional intermediary behavior, the only difference is that the brokers’ advertising location has changed. They are no longer using classified Ads in the newspapers or calling clients directly from the yellow pages as they used to. But still, it is difficult for people to find the right information for them further away, or, decrease the transaction cost.

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In 2015, the median transaction cost of land and mine in the U.S. averages to 3.7% of their value, according to a survey of the country by JP Morgan, meaning that for every $1 trillion value on market exchange, about $37 billion will have cost on the transaction. In the worldwide range, the cost is even harder to estimate.  

Moreover, when you don’t have lots of cash in your pocket and you willing to purchase a piece of land, a financial loan is almost the only option. Faced with millions of dollars in land and minerals, it is impossible for ordinary people to even think about holding them.

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Titaneo.io solves this set of problems almost at the root, according to the whitepaper and the information from their principal, the project will be conducted through decentralized trading and holding, let any buyer in any corner of the world would almost immediately to trading or holding land from any area of the world, even only a square foot. Transactions become readily available, and with the click of a mouse, people can instantly acquire permanent, irrevocable ownership via blockchain technology, while dramatically reducing transaction costs in the process. Another advantage is that both seller and buyer can trade anonymously, eliminating a lot of unnecessary hassle.

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On the other hand, instead of spending precious time passively waiting for a rare number of buyers, owners of immovable assets can sell their ownership in all or part at any time, to obtaining enough capital or even using the money to redevelop the asset. —-The titaneo.io allows a composite holding form, as long as the seller identifies the type when they put the assets on the platform.

In short, this innovation will greatly increase the flexibility of transactions for large immovable assets, greatly improve the liquidity of assets, and create more value for them.

Meantime, the principal of the project said Titaneo project has already got fully supported by some European investment institutions. 

Asked for details on the trading platform, the principal said it would be explained in a technical white paper shortly, and this platform is “unique and unable to be plagiarized”.

We have every reason to believe that the titaneo.io will change the future shape of the global immovable assets market which scale up to 60 trillion US dollars. Leverage many more transactions through its trading platform, and completely activate this potentially huge financial market.

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Media Contact
Company Name: Titaneo.io
Contact Person: Titaneo.io
Email: support@titaneo.io
Country: Switzerland
Website: https://titaneo.io/