What problem does this service solve?

BitRent will allow large real estate developments to be funded by smaller investors, and not only by large banks and investment funds.Realisto aims to make real estate crowdfunding more accessible and transparent by using a tokenized blockchain-based platform.

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Company Description

BitRent is developing a blockchain-based platform for real estate development projects. Their smart contract enabled network will allow users to invest in real estate construction projects and monitor their progress with a platform that will be integrated with RFID chips.
BitRent hopes to provide an alternative funding mechanism for commercial and residential real estate construction. The network will be powered by the RNTB token.

Realisto is a German company that is creating a blockchain-based real estate investment trust (REIT) that will be empowered by a digital token and smart contracts.
Realisto's investment platform will facilitate crowdfunding of a portfolio of properties that the company will purchase, manage, and sell. They released the REA token in early 2018, but it is not currently being traded on any major exchange.

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