$EPAZ Epazz's CryObo Technology to Revolutionize R
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https://www.newmediawire.com/news/epazzs-cryo...et-5347437
Through Tokenization of Development Properties, Real Property Secured Tokens
CHICAGO - (NewMediaWire) - October 13, 2021 - Epazz Inc. (OTC Pink: EPAZ), a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, announced today that CryObo technology, developed initially for the hemp industry, will enter the real estate market, providing the ability for real estate developers to secure financing by tokenization of real estate deals and allowing those deals to access the token markets.
The tokens will be backed by real estate. Real estate developers will appraise for current value; however, the future of real estate will be evaluated. The goal is for real estate developers to access the future value of properties once land is developed and buildings are constructed. This technology would allow real estate developers to raise capital at better terms and allow the token holder to raise appraisals of the tokens and earned income.
Our goal is to launch CryObo in early 2022. This decentralized financial system would be the first real-world business backing the tokenized economy. It would be beneficial to fund farmers, help their customers by giving discounts and provide incentives for the retail sector. The company will soon launch the GSS pool, Greenheart Subscription Stake. When customers stake a number of X tokens, the company will automatically auto-ship a subscription service of that product every month.
Shaun Passley, Ph.D., Epazz Inc. CEO and chairman, said, “We believe the true value of blockchain technology is transforming old industries. Real estate industry needs to change how business is done. CryObo will be bringing blockchain technology to one of the oldest industries.”