On March 6, 2018, the management of the BitRent blockchain platform held a closed presentation for key investors and heads of the UAE construction departments. The event was named “BitRent Private Conference”.
Compacts of intent and commitment were signed by well-known developers of the UAE: Dubai Property, 22 carats, Kempinski, Virtue GI.
The conference was visited by investors, whose total wealth according to Forbes is in excess of more than 15,000,000,000 US dollars. The event was attended by Sheikh Saif Al Mansoori, Sheikh Sultan Al Nuaimi, investor Mahendra Patel. The invited guests included:
• Mohamed Mahgoub, Chamber of Commerce and Industry;
• Saif Al Mansoori, Ben Mansoori Company;
• Abdulhakim Mahmood, Director, Dubai Properties Group;
• Alexander Pushilin, a private investor;
• Mohamed FawadAkber CEO of AIP;
• Mahendra Patel, GEAP group member;
• Maria Marchenko, founder of Capric Media;
• Pradeep Padmanabahan, director of the OBS group;
The purpose of BitRent Private Conference
The main goal of the presentation, set by the creators of the project Dmitry Starovoitov, Igor Pavlov and Vadim Dashut, was to gather the leaders of crypto clubs, blockchain funds and leading specialists in the construction industry, as well as to create favorable conditions for establishing business ties. The presentation of the unique constructional blockchain-platform and the first tokenized facility allowed us to uncover the potential of BitRent for the development of the construction industry and to demonstrate the real estate sector’s and crypto economy’s points of convergence.
The platform will help solve the main issues of the construction market such as closedness and conservatism. It will give investors the opportunity not only to invest resources but also to fully control the construction of any facilities.
One of the key advantages of BitRent is the low entry threshold. This attracts an almost unlimited number of participants to any construction projects. The security of operations on the platform is guaranteed by Blockchain, Smart Contracts, BIM, and RFID technologies.
Participants of the system get full access to the database of objects under construction, they can select an object for the parameters of interest, vote for the priority of projects, monitor the stages of a construction process in real time. BitRent