https://medium.com/districts/districts-use-case-real-estate-developer-5b3f69cb4976I resume the topic of "real estate use case" because I draw inspiration from a question that was correctly made in our Telegram official chat group where it was actually asked what was the advantage of using the virtual platform Districts Visual Studio (DVS) on our 3DCoin blockchain.
In fact, the Medium article is rightly focused on the advantage in terms of costs and development because the platform will be accessible to various subjects (companies and design studios for example) without specific development skills and without exaggerated costs as the Medium article explains well.
But today the question that everyone asks themselves in any project is "what is the blockchain for in this area"?
This is the answer I gave to the user who asked about in our Telegram group and I think it can be useful to bring it back here in the topic:
A construction company, a real estate company, an architecture and design firm can let customers visit the buildings in a VR virtual environment, even before the buildings are built or completed or renovated (and this is nothing new but something is already done in various parts of the world with other VR software) or overlap in AR some changes or variations to the design of a build (external or internal) still to be realized (also this is something already done with various VR software I think), but here is the novelty of the use of VR/AR/MR in general on blockchain: everything you do, stipulate, everything you buy / sell in a VR /AR /MR dapp of Districts World can record it in blockchain and therefore it becomes valid and immutable (but transferable of course) with the classic guarantees and advantages that we know typical of smartcontracts and digital recordings on blockchain.
Then there are also purely advantages related to greater possibilities without specific skills and reduced implementation costs of virtual environments based on the type of software client the team is building (Districts Visual Studio or DVS) but this is an advantage linked to the software features of for itself and not so much to the fact that it is on blockchain.
(This last part is also well explained in the Medium article linked above)
Then as already mentioned, it allows to record in real time a series of contractual and binding data in a certain way, in some regulations (also in Italy for example, see article linked below) legal value has already been recognized for smart contracts and DLTs.
So a virtual reality environment (cheap, simple to use, etc. etc.) but which in addition has features related to the possibilities in terms of data recording, properties and their transfer guaranteed by the blockchain and without the so-called "third party" intermediary.
The following article is from one of the largest Italian online newspapers in the crypto sector, not just Italian in reality because it has an edition also in English, and it speaks precisely of the legal value that in Italy (I do not think it is the only one) is already recognized to the data recorded in DLT distributed registers (such as the blockchain in fact).
https://cryptonomist.ch/en/2019/02/07/simplifications-decree-blockchain-smart-contract/The advantage of using blockchains for data recording is now known: Everything is digitalized, the third intermediary is eliminated (notary or other), some margins of random interpretation are eliminated. it gives certainty and non-modifiability (fraudulent) to the data. All these things are already recognized advantages in the sector and not a peculiarity of our project. Simply the project combines a good, cheap and simple for all VR platform with already established advantages of the blockchain that we should all know already.
In other words: We add virtual reality, or rather we bring the same advantages of the blockchain that will already be used and are already regulated in some jurisdictions for use in the real world also to virtual world. So there will be the possibility (not the obligation obvious) to record things that need to be recorded on the blockchain even when doing actions in the virtual world.
In short, a virtual world in addition to the possibilities already offered by the blockchain in the real world. Easy and simple!
And of course this will ensure that the actions taken in the virtual world will also have legal effect in the real world when it is deemed appropriate by the parties.