https://i.imgur.com/CnFUj1z.pngCREIT Realty™ is a cloud based realtech oriented R&D project dedicated to
'closing the gap' on serial recording of multiple
Deeds of Trust or
Assignment of Note schemes fleecing the US/Global real estate markets of billions. CREIT Realty™ is the brainchild of a licensed real estate agent with a background in financial/mortgage services and a seasoned wall street veteran
'powered' by the innovation of blockchain technologists. Multiple mortgage schemes known as
'Working the gap' which is a technique that entails excessive lien stacking
knowing and
willingly perpetrated on a particular property within an inordinately time period
via, the serial recording of
'multiple' Deeds of Trust or Assignment of Notes. CREIT Realty™ is developing a decentralized and 100% transparent public ledger based record system
via the $ACRE blockchain that serves as digitally '
Real-Time Computing or RTC' time-stamped verification of Deeds/Notes offered in an
'open-source' ledger to lenders world-wide.
Problem: In the United States of America when recording a legal document, a slight time gap exists between when the Deed of Trust is submitted to the Recorder of Deeds and when it actually shows up in verifiable databases.
'Working the gap' is all about
precision and
timing, the technique is used to front run the data supplied to the Recorder of Deeds
'prior' to it being made available in public databases. The window of opportunity is
'The gap' a key instrument in propagating a
deception or
fraud due to outdated verification systems put in place by old world
banks minds, and
mortgage lenders. Traditional title searches done by lenders researching/verifying
Loans,
Promissory Notes, and
Deed Recordings would thus be recorded
'erroneously' of alternative liens running
'concurrently' in the queue leaving them vulnerable to Multiple Mortgage Fraud.
'Broken' and
'outdated' verification systems have no place in new era finance allowing the theft of funds from lenders by deceit, with all lenders
simultaneously and
erroneously believing their respective Deed of Trust or Assignment of Note to be
'senior' in position,
'when in actuality there are multiple', whereas there can be only one. Deceptive participants utilizing the
'Working the gap' technique frequently claim innocence based on
'bad record keeping',
'clerical errors', or other forms of
'plausible deniability' in order to scape truths behind their
coordination and
deceit in this version of Multiple Mortgage Fraud. Exploitation of
'Working the gap' is a structural weakness needing a cure in the US legal system and nations alike, considered a white-collar crime when implemented in a
systemic fashion that bilks financial systems of
integrity and
monetary assets. In a world of
cryptography and
technical innovation our team believe that we are developing a
'reliable',
'transparent', and
'viable' cure that will disrupt an infected recording/verification system.
Fintech enabled
Digital Asset Verification [DAV] is the future of the
Mortgage/Loan/Real Estate industries creating a
'fraud free' experience for all parties involved in related
activities or
transactions.
Solution: CREIT Realty™ will be distributing open-source downloadable QT software that enables the $ACRE blockchain to operate efficiently by way of
'Proof Of Stake' [PoS] mining capabilities.
'Derived from Bitcoin' and
'fueled by blockchain' it's underlying technology $ACRE will operate outside of
central controls or
government influence. $ACRE blockchain is a
'decentralized',
'public ledger', that is totally transparent run off public consensus. The $ACRE blockchain will consistently grow as completed 'blocks' are
mined or
added to it with new public recordings. New blocks are automatically added to the $ACRE blockchain in a
linear,
chronological order assuring users
'guaranteed' accuracy in real-time fashion. The $ACRE blockchain is a public ledger of all transactions recorded that have ever been executed stemming from it's initial genesis block.
Transactions on the $ACRE blockchain
'cannot' be
altered or
manipulated and remain part of the permanent database once executed/recorded.
Deeds of Trust or
Assignment of Note recording will execute
via 'ACRE Tokens' to maintain the highest integrity of underlying DAV. Recorded $ACRE blockchain data is subject to change as recorded
assets or
properties and instruments of such nature change ownership, etc. Due to the linear, chronological order provided by the $ACRE blockchain the most current recording of the original underlying Digital Asset will be linked to each other providing previous hash of the senior execution for
'entire' block history. $ACRE can thus provide 'real-time'
insight and
verification transparently providing verified facts on a particular $ACRE address at any point in the past.
LAUNCH DATE ANN: 10/24/2016
WHITE PAPER RELEASE: 10/31/2016
https://twitter.com/CREITRealty/status/787329390946426880JOIN THE CREIT REALTY™ FORUM TODAY AND POST: "Give me my first $ACRE of CREIT Reality™!" We will reward your first measure of area on the $ACRE blockchain for FREE by helping our community build this well needed eco-system.
[$ACRE will be rewarded on launch date and beyond!]"$ACRE allows stakeholders decentralized ownership of an intellectual property pioneered by blockchain innovation based on digital technology with similarities to tangible land, with a capped total token supply of 2.5M, they are not making any more of it."-- Stake your virtual acreage, stake your future!
ACRE Tokens -- Official Token Logohttps://i.imgur.com/b1oi6AK.gifACRE Tokens Open-Source Downloadable QT Software SpecificationsCREIT Realty™ -- ACRE Tokens -- ($ACRE) is a unique cryptocurrency token in Phase I development that will offer users decentralized blockchain based Digital Asset Verification [DAV]
'closing the gap' on serial recording of multiple
Deeds of Trust or
Assignment of Note schemes in the Mortgage/Loan/Real Estate industries. $ACRE will generate annual PoS mining rewards
via the
[C.R.I.P - Cryptocurrency Reinvestment Program] of 9.99999999% for stakeholders while striving to become a viable storage of wealth for the long-term. CREIT Realty™ will be distributing open-source downloadable QT software that enables the $ACRE blockchain to operate efficiently by way of
'Proof Of Stake' [PoS] mining capabilities. $ACRE aims to produce an efficient network for PoS staking
adopters and
miners alike. $ACRE is being developed utilizing the underlying
algorithm and
scrypt of Bitcoin with a total token supply capped at 2500000.
ACRE TOKEN PROPERTIES Proposed Exchange Ticker Symbol: $ACRE
Type: Pure PoS
[1 $ACRE = 1 Virtual Token = Decentralized ownership of intellectual property built on blockchain based digital technology]Annual PoS Rewards [C.R.I.P.]: 9.99999999%
Block Time [in seconds]: 120 Confirmation
Time: 3
Difficulty: Retarget Every Block
Pre-Mine: 750000
Total Token Supply Capped=2500000 Tokens
ACRE TOKEN NETWORK RESOURCESGitHub (Source Code)Available @ launch
WalletsAvailable @ launch
Block ExplorerAvailable @ launch
Listed Trading ExchangesYou never know?
Alternative Trading PairsAvailable if ever listed on a cryptocurrency exchange that offers them.
Market CapitalizationsAvailable if ever listed.
Market StatisticsAvailable if ever listed.
SOCIALTwitter:
https://twitter.com/CREITREALTYWebsites: Development Phase I
http://creitacres.com http://www.creitfoundation.org http://creitforum.com http://creitrealty.com Have been registered to the CREIT Realty™ development
No Offer, Solicitation, Investment Advice or Recommendations
This project is for experimental purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by the CREIT Realty™ development team. No reference to any specific investment constitutes a recommendation to buy, sell or hold that security or any other security. Nothing on this forum shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained on the forum constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this forum should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this forum, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed on this forum by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances. If ever $ACRE was to be listed on a cryptocurrency exchange it would be by public choice not developer hands. There is a very high degree of risk when using Virtual Currency and/or investing in the financial markets, participants 'can' & 'do' lose money! Neither CREIT Realty™ or any of our developers are Investment Advisers nor do we manage investor assets or provide investment advice in 'any' capacity. The 'development' & 'dissemination' of software in & of itself does 'not' constitute Virtual Currency Business Activity in the State of New York. SOURCE: NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES [NYDFS] NEW YORK CODES, RULES AND REGULATIONS TITLE 23. DEPARTMENT OF FINANCIAL SERVICES CHAPTER I. REGULATIONS OF THE SUPERINTENDENT OF FINANCIAL SERVICES PART 200. VIRTUAL CURRENCIES http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf PRIOR TO EXECUTING 'ANY' TRANSACTION IN VIRTUAL CURRENCY AND/OR TRADITIONAL FINANCIAL INSTRUMENTS, INVESTORS SHOULD SEEK THE ADVICE OF A 'LICENSED' FINANCIAL PROFESSIONAL & TAX ATTORNEY FAMILIAR WITH THE TAXATION OF INVESTMENTS IN THEIR SPECIFIC REGION.
Investment Products • Not FDIC/SIPC Insured • No Bank Guarantee • May Lose Value
© 2016 -- CREIT Realty™ -- All rights reserved.
