As we note today in What did January teach us about RFR trading, SOFR Swap and Futures volume hit an all time high of 28.4% of all USD risk traded, which is up 3% from the prior month. CME also put out a press release, noting SOFR Futures and Options record volumes on February 10, […]

Indaod.io announces plans to purchase and manage a collection of highly desirable Vacation Properties through a Decentralized Autonomous Organization or DAO.

The DAO structure lowers the barrier to entry for real estate through the tokenization of the asset. The indaod.io DAO token holders can cost effectively enter the market and reap the benefits of real estate passive income that have typically been afforded to the very wealthy. The low cost of entry also mitigates the risk associated with alternative asset investments such as real estate. Possibly the most significant benefit to the indaod.io DAO token holders will be the ability to trade their tokens on secondary platforms.

According to indaod.io founder and real estate investor, Hannah Kirby, “The Vacation Property asset class is a natural fit for consensus decision making on the blockchain. The industry provides hundreds of data sets that can be accessed by smart contracts and incorporated into autonomous decision-making algorithms utilized by the DAO.”

The digital representation of a Vacation Property on a distributed ledger or blockchain is in its revolutionary infancy. The theoretical benefits include:

• Transparency within the real estate process through the execution of smart contracts.
•  Efficiency gains by removing numerous layers of intermediaries. 
• The potential for more efficient clearing and settlement as the states adopt digital representation of real estate and real assets.
• Liquidity potential and the securitization of assets typically lacking liquidity.

To fund the DAO, indaod.io is offering a Founder Membership NFT which grants the owner voting rights on key decisions as well as a pro rata share of the DAOs initial token allocation. Members are encouraged to provide insight and work to the development of the smart contracts that will govern the DAO and its Vacation Rental property acquisitions as well as the financial incentives that align with the goals of the organization.

Post DAO formation, Founder Membership NFT holders can exchange their Founder Membership NFT for a pro rata share of tokens for each NFT they hold. All token holders will receive additional perks of Vacation Property ownership such as preferred booking and discounted rental rates.

About indoad.io

A pioneer in the field of real estate tokenization, indaod.io is a community driven venture with the goal of democratizing and providing direct acquisition of real estate at a price point that mitigates financial risk and adds liquidity to the market.

Join the Conversation - https://discord.gg/xDBjTWKMSh

The product is designed to allow brokers to offer it to their clients on a “white-label” basis. of trading applications that replicate a desktop trading experience on mobile phones. Today it has become vital for traders to utilize a mobile application as part of their strategy for trading the markets.

“Demand for mobile trading is being fueled by the shift to remote working and faster telecom networks,” said Shawn Sloves, CEO of Fundamental Interactions. “Remote traders across the industry are relying more on tablets and mobile devices for trading. They need new options to complement their desktop applications. FI Mobile uses our industry-leading technology stack which offers the versatility to support both paths of traditional desktops and mobile applications for trading.”

Expanded trading hours are also placing greater reliance on mobile tools to access the markets in the evening and on weekends while on the go. Digital assets such as cryptocurrency trade non-stop, with large price moves, often happening over the weekend, whereas traditional securities trade mainly between 8:00 am and 8:00 pm ET weekdays but are inexorably moving to 24/7 trading.

• Software-as-a-Service (SaaS) requires no deployment of infrastructure, and it can be configured to operate during core trading sessions or 24/7
• The lower total cost of ownership mobile trading solution for firms migrating to the cloud and a trade anywhere model
• Brokers & clearing firms can rapidly deploy the solution to proprietary trading firms, brokers, hedge funds, and their retail clients
• The optional variable pricing model for a broker-sponsored access deployment. 

ABOUT FUNDAMENTAL INTERACTIONS

Fundamental Interactions Inc. is the leading developer of enterprise market center technology platforms. Founded in 2011, it has continuously risen to challenges and opportunities posed by regulation, technology, and market structure shifts. Its products are widely deployed by securities exchanges, ATS systems, Cryptocurrency exchanges, and inter-dealer brokers across a variety of asset classes including digital assets, and across geographic regions.

Visit: https://www.finteractions.com
Inquiries: [email protected]

London-based SumUp supports more than 3.5 million merchants across 30 markets.

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Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in

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GreenBox POS will begin offering bulk Automated Clearing House (“ACH”) processing capabilities to merchants utilizing its innovative blockchain and smart contract technologies ACH payments offer an affordable alternative when compared to traditional debit and credit cards GreenBox POS CEO Fredi Nisan stated that bulk ACH processing offers a new, profitable multi-billion-dollar revenue stream for the … Continue reading "GreenBox POS (NASDAQ: GBOX) Launches Massive Bulk ACH Processing Vertical as it Focuses on Increased Shareholder and Customer Value, Overall Processing Volumes via Company’s Gen3 tech"

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Asian traders can now buy and sell US stocks during South Korean hours. Samsung Securities will offer the trading platform through its partnership with Blue Ocean Systems LLC.

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Cross River Bank and PayTile announce collaboration to offer a new location-based payments solution. The companies compare the new solution to Apple’s AirDrop, which enables the sending of data without an exchange of PII. In addition to the partnership, PayTile is launching a new cash drop-off technology Money Drop. A partnership between Cross River Bank Read more...

The post Cross River Bank Teams Up with PayTile to Offer Location-Based Payments Solution appeared first on Finovate.