As capital markets are becoming global, real estate markets are no exception despite the difficulties posed by overseas investments. No investor can overlook how the potential international investments hold out. This establishes the need for a new decentralized solution to capitalize this potential. Our Objective is to introduce cryptocurrencies into this overly regulated and slow market to facilitate investments and transactions on a global scale. We plan on achieving this through the utilization of the core principles of the blockchain, i.e fairness, accessibility, transparency and trust while applying them to the already existing and fully operational assets. - Fully licensed Rural Touristic Resorts in Spain, Portugal and Greece - A commercial building in one of the best locations of Germany. - Healthcare in South Asia. - More assets to join soon.
PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.