rootVX has partnered with BRIKitt, a cutting-edge PropTech company that is revolutionizing the fractional ownership of vacation homes in India and beyond.
As an emerging leader in property technology, BRIKitt specializes in democratizing access to luxury holiday homes through fractional investment models. The company’s platform blends technical sophistication with deep real estate expertise, enabling property owners to monetize assets while offering investors simplified ownership experiences.
This collaboration provides BRIKitt with access to rootVX’s advanced tokenization ecosystem, comprising the Tokenization Studio and rootChain infrastructure. rootVX’s technology facilitates the digital transformation of vacation properties into tokenized assets, representing fractional ownership and usage rights while opening investment opportunities to global participants. The solution’s programmable smart contracts automate and transparently manage essential processes, including:
- Automated rental income distributions
- Integrated booking system functionality
- Secure ownership transfers and secondary market transactions
- Transparent dispute resolution through on-chain governance
By migrating these core functions to blockchain, rootVX delivers a scalable, trustworthy digital platform that significantly enhances operational transparency and efficiency for BRIKitt’s offerings.
RootVX is excited about the potential benefits this partnership offers for both companies and the broader real estate industry. The tokenization of luxury vacation homes and timeshare properties is just the beginning of what can be accomplished when traditional real estate expertise merges with innovative blockchain technology.
