Blockchain Infrastructure – The Inner Works of Global REIT

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·@danizaharie·
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Blockchain Infrastructure – The Inner Works of Global REIT
![reit.jpg](https://steemitimages.com/DQmddNSJVn5qvCjrCM6jnxYMZpVDpRzCJcxxV1355qxg9RL/reit.jpg)

Global REIT is a company that aims for true diversification on real estate portfolios by allowing users to make continuous investments into different types of assets. The team behind Global REIT is looking to create focused groups for investment based on geographical locations under a very dynamic platform where multiple REITs from every corner of the planet can join into a single ecosystem to unlock extensive options for other potential investment opportunities across the planet. To make this happen, the company is working hard to build a trade and exchange platform based on ERC-20 protocols and smart contracts to handle two types of digital currencies provided by the system for users to partake on. The GRET allow investors to hedge their funds and trade them for FIAT currency, while the GREM allow investors to handle their investment in the company’s fund manager dividends using a system much more familiar to the classic structure of REITs.

### Components of the Ecosystem
Global REIT functions to appoint real estate properties and make fair distributions of the dividends generated by each property to every participant and investor related to them. The modules of the code that works to make this happen are the asset management module, the security module, and the transaction module. We are about to learn how each one of these components works inside the ecosystem to make the system work without any problems.
The process begins with registration. All users’ needs to voluntarily register their status with the platform as REIT participants: investors or property owners. The company will do their own background check following a series of “know your customers” procedures with a team of independent evaluators to check the origin of the funds being managed by the company. This type of examination while it may seem a bit excessive, it will also give a more solid backbone to the operation.

#### The Asset Management Module
After users are registered, this module is the one that handles all the relevant aspects related to the assets listed on the ecosystem. Users on the backend will manage to get a glimpse of all the features of a property thanks to the work done by this module: the original listing, the features of the property, the value, what niche dominates on the market trends and all the pertinent information that it’s available about the listing, either provided by the owner or found by other means. The module can also be used by backend users to handle a smart contract based on deals managed on GRET tokens after they decide to go for a specific deal regarding a property.

#### The Transaction Module
This is the module that will handle every programmed interface. Every single routine, protocol, and tool needed to make the platform function properly will take place at this stage. It’s also the place where every transaction will be validated in the real world with the backup of AMM and the CSM. This is the module that will harbor all the logical process required to keep the platform running, and it will also be I charge to execute every command offered by every single participant making a deal inside the ecosystem. 

#### The Compliance and Security Module
This is the module that will grant security features on par with military grade technology so investors and asset owners can make their deals with no worries about data theft. The verification points for each transaction while extensive are meant to provide the type of security that is expected to avoid frauds of any kind.

The inner workings of Global REIT are taking the Blockchain to places never explored bit it before. To see where they are willing to go you can visit http://www.globalreit.io/.
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