Epazz’s CryObo technology will revolutionize the real estate market
Through the tokenization of development properties, secure real estate property tokens
Chicago, Illinois – (Newsfile Corp. – October 13, 2021) – Epazz Inc. (OTC Pink: EPAZ), a leading provider of blockchain cryptocurrency mobile applications and cloud-based enterprise software solutions, has announced today that the CryObo technology, initially developed for the hemp industry, will enter the real estate market, offering the possibility for real estate developers to obtain financing through the tokenization of real estate transactions and allowing these transactions to access the symbolic markets.
The tokens will be backed by real estate. Real estate developers will assess the current value; however, the future of real estate will be assessed. The goal is for real estate developers to access the future value of properties once the land is developed and the buildings are constructed. This technology would allow real estate developers to raise capital on better terms and the token holder to increase token valuations and earned income.
Our goal is to launch CryObo in early 2022. This decentralized financial system would be the first real-world company to support the tokenized economy. It would be beneficial to finance farmers, help their customers with discounts and offer incentives to the retail sector. The company will soon launch the GSS pool, Greenheart Subscription Stake. When customers wager a certain number of X tokens, the company will automatically ship a subscription service of that product each month.
Shaun Passley, Ph.D., CEO and President of Epazz Inc., said, “We believe that the real value of blockchain technology is transforming old industries. The real estate industry needs to change the way business is done. CryObo will bring blockchain technology to just one of the oldest industries. “
About CryObo Inc.
CryObo Inc. will enhance its software to give real asset-backed early access businesses an easy way to access token markets. The business platform will change the way people trade real estate, digital assets, crops and commodities by enabling businesses to access the future value of their assets. The growth of Bitcoin and other cryptocurrencies brings new regulations for large financial services companies, which will need a smart solution to manage their growing portfolios.
About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud-based software company specializing in delivering custom cloud applications to the corporate world, higher education institutions, and the public sector. Epazz BoxesOS v3.0 is the complete enterprise software package for small and medium businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides a combination of many web applications that an organization would otherwise have to purchase separately. Other Epazz products are DeskFlex (room planning software) and Provitrac (candidate tracking system).
The “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be made. identified by the use of forward-looking language, such as “may”, “expect”, “intend”, “estimate”, “anticipate”, “believe” and “continue”, the negative of this or similar terminology. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or from those suggested by such forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and does not intend to update any forward-looking statements. It has no obligation to update or correct information prepared by third parties that is not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.’s public documents on SEC.gov and otcmarkets.com , including its unaudited and audited financial statements. and its OTC Markets documents, which contain general business information about the operations of the company, the results of its operations and the risks associated with the company and its operations.
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