Notary Structure

Overview

The Notary Structure in our real estate tokenization process ensures legal compliance and enhances the integrity of the tokenization contracts. By partnering with notaries, we provide a legally recognized verification for tokenization contracts, fulfilling statutory requirements. Notaries benefit financially from this collaboration and integrate seamlessly with our platform through a dedicated API and scheduling system.

Function of Notaries in Tokenization

1. Legal Verification:

   • Notaries perform essential legal checks and verification for real estate contracts, confirming the authenticity of documents and the identity of contracting parties.

   • They ensure that all tokenization contracts adhere to local and international real estate laws.

2. Contract Execution:

   • During the tokenization appointment, the notary witnesses the contract execution, providing an additional layer of legal validation.

   • Their presence is mandatory for real estate transactions and any assets that legally require notarial verification.

Notary Integration and Workflow

1. Calendar Synchronization:

   • Notaries connect to our platform via an API that synchronizes with their calendars, allowing them to manage and confirm appointment bookings directly.

   • This integration provides a real-time array of available slots for users to schedule their tokenization appointments.

2. Appointment Confirmation:

   • Once a user schedules a tokenization appointment, the assigned notary receives a notification.

   • The notary confirms the appointment through their calendar system, which then updates the status on our platform.

3. API Connectivity:

   • The API ensures secure and reliable communication between notary calendars and our server.

   • It allows for efficient management of appointments, cancellations, and rescheduling.

Financial Incentives for Notaries

1. Service Remuneration:

   • Notaries receive compensation for their services directly through the platform.

   • Our system handles the financial transactions, ensuring notaries are paid promptly and securely.

2. Business Expansion:

   • By partnering with our platform, notaries gain access to a broader client base seeking tokenization services.

   • The partnership can lead to increased business opportunities for notaries within the real estate sector.

System Requirements and Security

1. Data Privacy:

   • The API and calendar system adhere to strict data privacy standards, protecting the sensitive information of users and notaries.

   • All personal data is encrypted and securely stored, accessible only to authorized parties.

2. Compliance and Regulation:

   • The Notary Structure complies with all relevant legal regulations concerning real estate transactions.

   • Regular audits and updates ensure the system remains aligned with changing legal requirements.

Conclusion

The integration of a Notary Structure within our real estate tokenization process is a testament to our commitment to legality, security, and trust. It creates a symbiotic relationship where notaries expand their business scope, and our users enjoy a streamlined process of legally binding tokenization. By combining advanced technology with traditional legal practices, we establish a modern yet reliable tokenization ecosystem.