Cryptonaire Weekly Magazine Edition 153

Page 34

CRYPTONAIRE

WEEKLY CRYPTO investment journal

TOP ISSUES A TENANT FACES – HOW PIF CAN HELP?

A look at the existing property market reveals that tenants are facing numerous issues. For instance, many landlords today refuse to carry out the necessary repairs in a timely and efficient manner. Apart from this, quite a few of them demand the tenant to make an initial deposit. This further increases insecurity among tenants. Also, the initial six months of tenancy keeps them protected, but after that, they can get evicted for virtually no reason, and that too within an eight weeks notice period. It is here that PIF or Property Info File comes into the picture! The platform intends to transform the rental property market/ecosystem by providing the tenant, landlord, property manager, and building contractors with a blockchain-based system that is efficient, transparent, and fair.

CONTINUE READING TO FIND OUT HOW PIF BENEFITS THE TENANTS. MORE ABOUT THE PIF PLATFORM Based on a hybrid blockchain system, the PIF platform can transform, enhance, and streamline the property management process permanently. By incorporating the blockchain within the PIF platform and procedures, PIF plans to set up an innovation ecosystem that is both accurate and quick, thus making the lives, homes, and the working environments of the tenants, landlords, and property managers both simple and transparent. In other words, it intends to assist all the end-users in a manner that they choose better by using their time and money.

Cryptonaire Weekly | October 20th 2020

34

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