The blockchain enables near real-time settlement of transactions, providing reliable data and reducing risk. Smart contracts allow transacting peer-to-peer in a secure and transparent environment, mitigating the risk of fraud, abuse, and manipulation. Automating transactions between the tenant and landlord eliminates the need for a real estate broker or agent – and their commission fees. Utilizing PlaceToRent tokens for rent and bills payment incorporates transaction speed, efficiency, and privacy.
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