Trading Bitcoin on the Veritaseum platform

[pu241]

In one of his videos, I think I heard Reggie say that Bitcoins had been exchanged for fiat on the Veritasuem platform.

In an earlier video, I think I heard Reggie say that it would be possible to exchange a Times Square office building for fiat using the platform.

Does this mean that the BTC private keys were encapsulated in the package that was exchanged? That a bank check was encapsulated? That the deed to the building was encapsulated in the package?

Does documentation exist that explains how this is possible, and would you be so kind to point me to these references? 

Thank you.

[pu241]

Or is there a smart contract that exchanges BTC for VERI? Each party agrees on the terms then sends the appropriate BTC or VERI to the contract. The contract then distributes the currencies back out when the conditions are met.

But what about the office building? That's a whole lot of VERI. How does the contract verify the submitted paperwork?