Blockchain Makes Real Estate Transactions More Efficient and Simplified

Blockchain is currently changing the way that businesses and individuals function in the real estate marketplace. Forbes recently stated that “blockchains are secure databases by design. The concept was introduced in 2008 by Satoshi Nakamoto, and then implemented for the first time in 2009 as part of the digital Bitcoin currency; the blockchain serves as the public ledger for all Bitcoin transactions.”

For years, industry professionals have been saying that blockchain technology is the future of conducting business online. It is viewed as a safe and lucrative move for businesses to consider using a cryptocurrency that can improve their reach in a fast growing market. Blockchain technology is rapidly approaching the forefront of almost every industry because companies and individuals are realizing the benefits that come with working alongside blockchain. Business leaders are starting to realize that with its innovative outlook, blockchain is not just an accessible decentralized currency, but is also an extremely valuable and secure payment method to invest in.

Foreign investors who are looking for a safe and global option to invest their Bitcoin in will soon be able to purchase fractional shares in luxury real estate properties around the world through a new platform called Gold Gate. Dalton Skach, CEO of Gold Gate, is behind the world’s first global real estate exchange platform that is capable of converting ultra-luxury residential properties into digital investments. Since Bitcoin empowers its users through a consensus network, this enables a new payment system that deals completely with digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin operates similarly to cash on the Internet.

Bitcoin is the most popular cryptocurrency with a blockchain platform in use. This year, Bitcoin’s value reached new heights as the asset’s appreciation rose by 160%. Since Bitcoin is making history with its rising value, the currency is now very attractive to investors.

The real estate industry is in the process of reinventing itself by incorporating blockchain technology into generations-old practices. The real estate industry often requires a lot of attention to detail, which can equate to prolonged and difficult transactions that are unattractive to buyers and sellers.

To address these issues, Dalton created Gold Gate to provide high-net-worth individuals around the world with the opportunity to acquire luxury real estate properties at a fractional level. His goal is to provide property appreciation and personal use to make luxury more attainable. Gold Gate provides a fractional ownership model, where one month equals one share and it enables owners to easily acquire and exchange digital shares worldwide. The implementation of Bitcoin makes this real estate goal more accessible to a wider network.

Rather than purchasing one luxury property, Gold Gate users have the ability to buy shares (or months) in multiple homes, in different locations around the world, for the same price of one home. So, rather than purchasing one luxury property, users would have the ability to buy shares in multiple homes all over the world, for the same price. The Gold Gate platform provides investors with incomparable liquidity in their real estate investments through its exclusive secondary marketplace.

“Our platform offers users more time, wealth, flexibility in where they live, and more control over their lives,” states Dalton Skach, CEO and founder of Gold Gate. “Gold Gate is going to change the way that people live, invest, and travel forever. You don’t have to be confined to one property, in one location. Gold Gate offers the opportunity to become a citizen of the world.”

Investors on the Gold Gate platform consist of family offices, foreign investors, professional athletes, celebrities, CEOs, corporations and other high-net-worth individuals. The platform is also ideal for ultra-luxury brokers, property owners, and developers throughout the world that are looking to sell their luxury property in less than 90 days at market price, for a 0% fee. According to Investopedia, ”the transparency associated with a decentralized network can also trim down costs associated with real estate transactions.”

Along with being able to purchase fractional shares of global real estate, Gold Gate investors can purchase their shares instantaneously, making the previous antiquated real estate process more efficient and seamless for both the buyer and seller through Bitcoin.

While blockchain is still in its infancy as an emerging, widely-used technology, it indicates a new financial future where online transactions are expedited, easier to use, and safer for businesses and consumers. Businesses like Gold Gate are trailblazing the e-commerce industry with thoughtful involvement using ground-breaking technologies that help businesses thrive and also supply an extremely high-end experience for their clientele.

About Dalton Skach and Gold Gate

Dalton Skach is CEO of Gold Gate, and a successful real estate entrepreneur based in the United States. Dalton started his own commercial real estate consulting business where he sourced $250M+ worth of off-market commercial real estate opportunities all over the United States for REITs, private equity groups, and institutional investors.

In May 2020, Dalton decided to become a private equity real estate investor himself. Since then, Dalton has gone on to build a financial technology platform capable of converting ultra-luxury residential real estate from around the world into a digital asset where high net worth individuals, family offices, and foreign investors can acquire fractional ownership and trade freely through Gold Gate’s exclusive secondary marketplace. A fractional ownership model where one month equals one share. There are very few companies that have already entered the digital asset space for real estate investments. However, there is no one that has created a platform and business like the one being built today by Dalton and his team at Gold Gate.

Gold Gate is working to start featuring properties for investment in Quarter 1 of 2021. Ultra-luxury brokers and property owners with properties worth over $5 million are encouraged to apply to be featured on the platform.

To learn more about the Gold Gate platform, please visit www.goldgate.co.

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