2 All local laws, taxes and insurance policies are classified in the agreement to ensure compliance is both automatic and transparent, as LTO`s RGPD is automatic and transparent and data protection compliance features make it a breath of fresh air in a deafening and hypnotized blockchain landscape. We look forward to exploring other solutions with LTO in the future! Once all the reviews were completed and the terms agreed, the lease would be formalized as a smart contract on the blockchain. This means that all aspects of the agreement are then managed by the intelligent contract, with payments of bonds, rents and, finally, supply and maintenance costs (or other services) automatically for the duration of the lease. When the term is over, the Smart contract would also open the transfer of the deposit to the owner, of course subject to certain checks and confirmations. The contract is scheduled for the funds to be received by the tenant in the form of a bond bond payment or a levy for a rent payment. If the transaction is a bond payment, the Smart Contract will hold these funds until the end of the lease. If the booking is a rent payment, the Smart Contract will automatically compare these bookings with the rental book and pay the money into the corresponding account. www2.deloitte.com/us/en/pages/financial-services/articles/blockchain-in-commercial-real-estate.html Ultimately, the tokenization of the lease will develop to facilitate trade in the global rental market so that landlords have full control over their rental properties and cities are able to maximize the productivity of these assets. This will create an ocean of supply for young people moving to cities and a new set of incentives related to trust and integrity, since the lease will no longer become a black box contract that has no traceability. In the case of complex real estate contracts that often have different businesses in the same building, payments vary from month to month due to ad hoc maintenance and more, leading to complex payment procedures. 3 The owner/owner will enter into the contract with the client/tenant if he lives in the house. The terms will be simple and transparent for both parties and will be applied if the initial rent (and if applicable deposit) 5 payments can be made in any currency, but the “lease tokens” is used to codify the lease on the blockchain. Owners of these tokens have the ability to transmit and manage contracts in events where disputes arise, the OT Network is a fully decentralized and highly efficient blockchain infrastructure that can be easily integrated into existing systems, mobile applications and IoT devices.