IHT released the world's first real estate ATO project, accelerating its entry into the hotel and tourism real estate market

Editor’s note: This article is reproduced from the WeChat public account “Blockchain Pencil Blockchain” (ID: chainbcom) , 36氪 reprinted with permission.

Tourism has always been an important area of ​​real estate investment and development. The global hotel and tourism real estate has a market size of up to 10 trillion yuan and broad development prospects. In addition to hotels and resorts developed and operated in traditional ways, with the rise of holiday tourism, tourism Real estate operations are born.

Recently, i-house.com (IHT), the world's first real estate blockchain transaction cloud platform, has reached a strategic cooperation with the project party of Karuizawa Bafeng Lake Happy Hill Resort in Japan. form, to help the Eight Wind Lakes Hill of Happiness Resort project financing and improve its later management efficiency. This application has attracted widespread attention from the society and many outsiders, which is also another milestone in the application of the combination of blockchain technology and the tourism real estate industry.

"This time we cooperated with the project party of Lake Happiness Hill Resort in Karuizawa, Japan, and also innovated a new business model. The combination of blockchain technology and the traditional real estate industry has transformed blockchain from a technical concept into a The real application will help the traditional tourism real estate market to enter a new field. In this ATO, we have introduced the concept of timeshare. Users can buy holiday products during the early development of the resort and enjoy the vacation after the resort is developed. Value enhancement. IHT will be used for asset on-chain and monthly user airdrops, which will be purchased by the project party from the market and airdropped to investors. In addition to project financing, IHT will supervise and manage the operation of assets with blockchain technology throughout the process, and More big data and artificial intelligence management models will be introduced to improve the operational efficiency and user experience of the resort,” said Ricky Ng, founder and chairman of i-house.com & IHT.

Statistics show that Karuizawa has 10 million tourists every year. It has a world-famous 108-hole golf course and is also a resort for the rich and famous such as John Lennon. Bill Gates built his resort palace in Karuizawa. Karuizawa Bafeng Lake Happiness Hill Resort has convenient transportation. It is surrounded by 5-star hotels, railway stations, academies, hot springs, horse farms, high-end restaurants and other dining, drinking and entertainment scenes. It has been listed by the Karuizawa government in early 2017. focus on tourism development.

"Using blockchain technology to achieve real estate ATO shortens the progress cycle of projects such as project financing. In addition, using the advantages of blockchain technology makes it more convenient for us to record and manage daily complicated data business, ensuring that each transaction information is transparent and accessible. It can save more labor costs and improve the overall operation efficiency of the project. The management model combined with artificial intelligence is a management model that we are very much looking forward to introducing. The project is expected to be completed and operational by the end of 2020." Karuizawa Bafeng Winnie, the project leader of Lake Happiness Hill Resort, said.

Earlier, IHT and Hong Kong Stock Exchange-listed group eprint (1884), an associate company specializing in Japanese real estate investment Sakura Real Estate Co., Ltd., reached a cooperation agreement. Users can use IHTPay (based on the i-house.com project payment tool) to trade in many of its stores Japanese real estate. These landing applications also show that the project team is actively deploying the Japanese real estate market.

"This is our first ATO project, which will officially start pre-sale on April 9, and hold a formal launch event in Tokyo at the end of April. We hope to complete 15-20 projects in fiscal year 2018, with a focus on the first half of the year. In the Asia-Pacific region, including Japan, China and Southeast Asia, the development of the European and American markets will begin in the second half of the year, and the American team is currently being formed rapidly,” said Ricky Ng, founder and chairman of i-house.com & IHT.

IHT has obtained the DraperDragon Innovation Fund, a well-known investment fund in the blockchain field (originated from the Defengjie Longmai Fund, co-founded by Tim Draper, who invested in Baidu and Tesla), as well as NEO Global Capital, Blockchain Ventures, Collinstar Capital, Tangle Capital, Badwater Capital, OEX International and many famous overseas investment institutions jointly invested. This time, the Karuizawa Bafeng Lake Happy Hill Resort project launched i-house.com (IHT), the world's first real estate blockchain transaction cloud platform, which is enough to see the speed and execution of IHT in the real estate blockchain industry. . It is believed that with the joint efforts of both parties, it will become a pioneer and innovator in the application of new technologies in the entire tourism real estate industry, and will enable the application to serve more aspects of the global real estate industry.

With the trend of global real estate resources being gradually put on the chain, IHT uses blockchain technology to build a global third-generation real estate sharing platform, creating more intelligent assets, and allowing more traditional real estate industries and users to benefit from blockchain technology and platforms , bring more value to the market.

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