VET To Facilitate Purchasing Of Luxury Real Estates In Partnership With Jur

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VET To Facilitate Purchasing Of Luxury Real Estates In Partnership With Jur

  • VeChain has a vision future where they see people swapping VET for their daily goods.
  • Jur has already made dealings with HKCY Hotels Ltd, company to buy their luxury sites.
  • The price of the most uncomplicated property, which located in Limassol, Cyprus, is approximately 120,000,000 VET or 700,000 Euros.

VeChain, a blockchain-powered forum to enable real-time tracking of various enterprise operations and products, has got into a partnership deal with Jur, the right solution company wherein the mode of payment option is through VET, the native token of VeChain.

VeChain has a vision future where they see people swapping VET for their daily goods. The reach of VeChain has been expanding exponentially. This time Jur has stolen the spotlight in designing secure commercial business agreements that offer the flow of money and operations to buy “off the plan” real estate.

This facilitates land developers and construction clients to sell real estate through the transaction of cryptocurrency in a more simplified and compliant manner.

Purchasing off the plan refers to buying an apartment that is yet to build. Dealers make up their minds depending on the information about the developer and project and artistic renderings of the apartment.

These properties are expensive, and getting clients convinced to use VET might not be an easy task. But as a part of initial offerings, the sellers are offering a five percent discount on the cost for the buyers using VET for purchasing apartments.

Jur has already made dealings with HKCY Hotels Ltd, company to buy their luxury sites. The price of the most uncomplicated property, which located in Limassol, Cyprus, is approximately 120,000,000 VET or 700,000 Euros.

Jur would develop secure commercial agreements (SCAs) that will facilitate the automation of a large number of professional applications taking care of legal issues related to overseas buyers. The buying parties sign an agreement to purchase a property that is still in its construction phase.

The blockchain-based flow of information confirms the transactions.
VeChain has been witnessing uptrend, and VET token grew by 6% during the day.

The token has the potential to grow up in the market and might emerge to be a constant competitor to many digital currency based companies. And their token follows an increasing slope in the performance in the ecosystem, and the value may increase in a not so long time.

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