Mission-critical provider of blockchain cryptocurrency mobile apps as well as cloud-based business software solutions, Epazz Inc (OTCMKTS:EPAZ) on March 15, 2022, announced CryObo Project in UAE will be harnessing solar power technology for converting sunlight into Bitcoin. The firm will be registering with the United Arab Emirates for cryptocurrency operations.
CryObo real estate tokenization will enable real estate developers to raise capital and also allow the token holder to bolster appraisals of tokens. It also gives a chance to match public market demand by connecting with asset managers, commercial real estate companies, private investors, financial consultants, investment funds, banking institutions.
Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said that the company is anticipating taking off of the CryObo technology during the year. Passley added that Dubai will be the pilot city to implement the system.
Shaun Passley, Ph.D., Epazz Inc. CEO, and Chairman, said, “We anticipate the taking off of the CryObo technology this year and Dubai as the pilot city to implement the real estate tokenization system.”
Epazz Inc is involved in the blockchain cryptocurrency mobile applications and cloud-powered enterprise software space at this point.
Last week, the company has come into the news cycle after it announced that it’s CryObo Technology is already experiencing benefits from the latest regulations in the crypto industry.
The technology helps with the tokenization of real estate properties that are under development and then turns them into security tokens. The new regulations are going to allow CryObo to not only get new lands but also establish cryptocurrency companies.
