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Building Block Management is developing a Blockchain technology solution aimed at disrupting the REIT industry. This Blockchain technology is expected to tokenize ownership and streamline administration of REITSs, including the payment of dividends; reduced operating costs; and use smart contract functions when pre-set parameters are met. In 2019 Building Block Management anticipates launching Building Block REIT which will initially be funded through a private placement or crowdfunding, potentially followed by a Digital Initial Public Offering.
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