Technology

Smart Impetus Properties' Technology is built for the digital age using technology that enables buyers, customers, investors, and owners to take a completely digital approach to managing their real estate position by using Smart Contract Technology to simplify a historically complex and expensive set of processes.

• A Smart Contract is a simple programs stored on a blockchain that runs when predetermined condition or set of conditions are met. In the most basic sense they are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss. They can also automate a workflow, triggering the next action when conditions are met.

• Smart Contracts execute using basic "if/when/then" conditions and since they are stored and executed on a blockchain they are globally available without single points of failure

• By combining multiple Smart Contracts into a workflow, complex processes can be completed without a third party or intermediary's involvement using logic that defines the desired outcome, and additionally conditions can be placed the make the contract void if those conditions are not met

• By adding in AI/ML (Artificial Intelligence and Machine Learning) to the platform additional scenarios can be defined that include acquisition, valuation, and in some cases prediction of other variables to increase profitability and reduce risk. This process would normally require extensive research. However, by using big data, public records, image mapping technologies this process can be automated thereby reducing time to identify potential opportunities.

• These technologies allow for a completely digital portfolio that can be further locked into an on-chain trust, holding or liquidity pool, or NFT that can be used to generate passive income while still allowing a portfolio to contain real world assets that appreciate or change hands outside the digital world.