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In this article, you will learn all about a brand-new implementation of Ternoa’s SecretNFTs on Syment, a company that provides services to manage co-owned real estate
Ternoa, the company behind SecretNFTs, the encrypted NFT technology used for data encryption and transmission, is happy to announce a new partnership. This time we are talking about Syment, a French company that provides digital tools to help co-owners manage their real estate assets.
You might be wondering what NFTs have to do with condos or apartments, but you must keep in mind that blockchain assets have a lot of room to grow and become implemented in daily life applications, and this is especially true for NFTs. Here, we would like to show you in detail what this means for users of Ternoa and Syment.
Managing real estate with the help of NFTs
Syment offers several tools for owners to arrange online meetings in order to discuss the different needs of each unit or building. The company also includes features like voting different initiatives, creating minutes or reporting incidents, among others. Making these procedures remote eliminates all delays that come from owners being unable to schedule meetings in person, plus it helps with precautions against COVID-19.
Given the important and sensitive nature of the things discussed and voted on in the meetings, it becomes clear that security must be high in order to protect the members’ privacy. Besides, users also need a way to store the minutes in an immutable medium. This is where Ternoa comes in. By means of time-stamping, encrypted storage and other security protocols, Syment users can leverage the advantages of the Ternoa blockchain and their SecretNFTs in order to make management processes more efficient and secure.
Ternoa has always promoted democratic governance and understands that decentralization, be it in finance or in management, is key in order to fully explore the implications of crypto assets. The same democratic spirit is behind Syment’s value proposal, and they have been promoting these features already with their partnerships with Orpi and Century 21, two big players in the real estate industry.
With more than 300,000 users, Syment offers an innovative app in order to deploy all services available for co-owners. In this sense, the company will definitely benefit from collaborating with Ternoa and, in turn, the number of transactions on the Ternoa blockchain will increase. If you want to take a look at all that Syment can offer, head up to https://www.syment.com. You can also take a look at the entire range of Ternoa products by going to www.ternoa.com/en.
Where will NFTs get implemented next?
NFTs took headlines by surprise with investors spending millions on digital art. But that is just one way to take them to real life applications. As you can see, this is just the beginning for massive adoption of blockchain technology, and you can expect this kind of news to become more and more common in the near future, maybe even in unexpected places, like hospitals or legal documents.
By becoming part of this movement, Syment is paving the way for companies to make the switch to blockchain, and utilise Ternoa’s unique features. If you want to stay up to date with our latest news, follow us on our Twitter or Telegram accounts. Finally, don’t forget to check out our alpha version Wallet App! You can download it here for iOS or here for Android.
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