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Blockchain uses a new technology based on sequences of blocks or groups of transactions that are chained together and distributed among all users. Each participant on the blockchain has a secured copy of all records and changes on the chain, whereas traditional databases are centralized and run by an administrator, with only one true record of all transactions. As new information comes in, it is entered into a fresh block and is linked back to the last closed block, with the chain constructed in chronological order. Decentralized blockchains are immutable, which means that the data entered is irreversible. Bitcoin, for example, operates on a decentralized blockchain, which means that transactions on the platform are permanently recorded and viewable to anyone in the community.
Imagine a digital ledger as a spreadsheet shared among several computers in a network. This spreadsheet stores data on all transactions and anybody in the community can see the data, but they cannot change it. Given the importance of record-keeping of data and transactions, this information is often handled by a third party like brokers, bankers, or lawyers, which increases the time and costs associated with transactions. Blockchain, on the other hand, avoids this long and tedious process with faster transaction processing, as well as greater visibility among all parties involved.
Through the use of smart contracts, transactions on the blockchain can run when predetermined conditions are met, executing with the mutual consensus of users. These contracts allow for the programmable automation of payments when the trigger criteria are met. In mentioning digital assets, one refers to the records of ownership of such assets held securely on a blockchain. The blockchain enables the transfer of these digital assets, and in GreatX’s case, the tokens investors can buy are backed by real physical assets. Cryptocurrencies, on the other hand, are not backed by real assets.
“The blockchain is going to change everything more than the internet has”
-Asif Naseem
Digital assets that are not backed by physical holdings or fiat currencies fluctuate widely in value, but asset-backed digital assets allow investors to gain similar benefits to the owner of the asset backing it, but at an increased level of transparency, and security, automation, and accessibility.
GreatX functions on the principle of blockchain, making hotel room data accessible to potential investors. GreatX is revolutionizing investments through smart digital assets.
This commentary is provided as general information only and is in no way intended as investment advice, investment research, a research report or a recommendation. Any decision to invest or take any other action with respect to the securities discussed in this commentary may involve risks not discussed herein and such decisions should not be based solely on the information contained in this document.
Statements in this communication may include forward-looking information and/or may be based on various assumptions. The forward-looking statements and other views or opinions expressed herein are made as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated and there is no guarantee that any particular outcome will come to pass. The statements made herein are subject to change at any time. GreatX disclaims any obligation to update or revise any statements or views expressed herein.
In considering any performance information included in this commentary, it should be noted that past performance is not a guarantee of future results and there can be no assurance that future results will be realized. Some or all of the information provided herein may be or be based on statements of opinion. In addition, certain information provided herein may be based on third-party sources, which information, although believed to be accurate, has not been independently verified. GreatX and/or certain of its affiliates and/or clients hold and may, in the future, hold a financial interest in securities that are the same as or substantially similar to the securities discussed in this commentary. No claims are made as to the profitability of such financial interests, now, in the past or in the future and GreatX and/or its clients may sell such financial interests at any time. The information provided herein is not intended to be, nor should it be construed as an offer to sell or a solicitation of any offer to buy any securities. This commentary has not been reviewed or approved by any regulatory authority and has been prepared without regard to the individual financial circumstances or objectives of persons who may receive it. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.
Co-Founder
Women of Influence (Innovation) winner Annelise is the co-founder of GreatX with prestigious accolades to her name. Annelise has 25+ years of experience in the capital market and has in the past managed portfolios as large as $400B.
GreatX belongs to the family of www.great.one
The word ownership used in the site at various places refers to the Economic Ownership of the property, it doesn’t imply either Legal ownership or Utility ownership. To understand more on the definition of Economic Ownership, please read the offer document carefully.
Confidentiality.
© 2023 GreatOne Digital Holdings.
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GREATX by invitation ONLY:
Limited Tokens and Limited Subscribers.
GreatX tokens are issued only by invitation. The invitation is issued only to 11,000 subscribers across the globe, to participate with a limited number of Hotel Rooms across the United States.
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We are currently working on creating something amazing for you. The DAD Foundation website will be up soon. Stay Tuned!
GREATX by invitation ONLY:
Limited Tokens and Limited Subscribers.
GreatX tokens are issued only by invitation. The invitation is issued only to 11,000 subscribers across the globe, to participate with a limited number of Hotel Rooms across the United States.