BrikBit: the first First Lisk-Based Blockchain Ecosystem






  • Introduction

    Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

    An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.


    Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

    For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

    Moving to the topic... Real estate is property, land, buildings, air rights over land and underground rights over land. Therefore, it is a term and a sector in constant movement that covers many branches. Currently, there are several problems related to real estate data, which must be resolved. On the one hand, there is a problem with the univocity and accuracy of the real estate data and the illiquidity of the value of real estate. On the other hand, the other big problem is the collection of funds and the difficult access to real estate developments.

    For this reasons, I want to introduce you BrikBit (BRIK), a Swiss Blockchain company that develops BRIKBIT, the first LISK ecosystem based on blockchain that develops and manages complete operations for the real estate industry, providing transparency to the oldest and most efficient industrial sector.


    Definition and goals

    As I said, BrikBit (https://brikbit.io/) is the first ecosystem of real estate blockchain based on Lisk, which allows Dapps to be developed with their dedicated side-chains encoded in JavaScript. The BrikBit platform will have the Delegate Participation Testing consensus protocol (DPoS), which will be the mutual basis of all the applications and instruments necessary to manage the value exchange within each real estate project.

    Within the BrikBit ecosystem, all shareholders involved in real estate projects can use the potential of blocking technology to automate, disintermediate and make more transparent the typical and implicit processes during all the steps of a real estate company, such as fundraising, design, creation and management.



    How it works?

    The structure of BrikBit Digital Shares is conceived by unifying the security and solidity of an existing and tested blockchain with the flexibility, scalability and the possibility of implementing applications of a native blockchain. Lisk will be the main reference blockchain and BrikBit will be a linked side chain where the entire BrikBit Digital Shares platform will be developed.


    BrikBit uses RE-DApps, Real Estate Decentralized Applications, which are dedicated applications implemented to create Real Estate Digital Assets (REDA).
    2018-10-09_14-42-03.png

    All exchanges and purchases will be made using BRIK, the native currency of Blockchain. Each real estate project can create its own blockchain with its own rules and characteristics, different according to the country and the legislation of the project itself.

    2018-10-09_14-39-34.png



    Benefits

    • It provides the uniqueness of the data and the accuracy of the property data that is currently missing.
    • It offers the possibility of dividing a real estate asset into digital shares: this allows you to own and sell a small part of a property.
    • Solves the problem of the lack of funds to carry out renewable energy operations.
    • Solves the problem of lack of transparency.
    • All the shareholders involved in the real estate projects will be able to use the potential of the blockchain technology to automate, disintermediate and make more transparent the typical and implicit processes during all the steps of a real estate company.
    • Each real estate project can create its own chain of blocks with its own rules and characteristics.



    Bounty program

    The project gives the opportunity to earn BrikBit Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bounty0x Webpage here (https://beta.bounty0x.io/hosts/BrikBit%20Digital%20Shares), where you can access the link in order to see what are the conditions to become an early BRIK contributor and start acquiring tokens.

    For more information about the project, you can visit and read their WhitePaper available here (https://brikbit.io/docs/BrikBitWP.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/BrikBit). I hope you liked the post and soon I'll send you new ones.



    Token details

    The currency is called BRIK. The main use will allow access to future services of the innovative digital actions platform BrikBit. The BRIKs will be necessary and will be used and spent to access the platform, as well as to implement dedicated REDA, REDApps and SmartContracts.

    Token: BRIK
    Platform: DPoS
    Type: ERC20
    Price in ICO: 1 ETH = 2,000 BRIK
    Tokens for sale: 75,000,000

    Token distributionFund Allocation
    2018-10-09_14-42-29.png2018-10-09_14-42-36.png



    Roadmap

    DateEvents
    2016Start developing Idea, Project draft of Brik Shares
    Q1 - 2018BrikBit Digital Shares Company Foundation
    Q2 - 2018Private Sale
    Q3 - 2018Alpha version of BrikBit Social Professional Network
    Q4 - 2018ROADSHOW ICO
    Q4 - 2018Beta version of BrikBit Social Professional Network
    Q2 - 2019Set Up Test Blockchain DPOS
    Q3 - 2019Main net blockchain BrikBit - Swap token ERC20 to BRIK (DPoS)
    Q4 - 2019Kick-off BrikBit platform REDA main sidechain
    Q3 - 2020Alpha version of BrikBit trading platform
    Q3 - 20201st REDA Pilot project - Architectural design
    Q4 - 20201st REDA Pilot project - Construction
    20251st REDA City Project



    Advisors

    2018-10-09_14-33-25.png



    Author Details

    Email: [email protected]

    Bounty0x username: adriaparcerisas

    Telegram and Steemit username: @clauming

    BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1870482

    Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71



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