⇓ Learn More About Some Ways To Use The Pecu Novus Network ⇓
The Pecu Novus Network was specifically developed for global business transactions, allowing businesses to conduct swift, secure and zero coin based transactions on the network. Whether it’s a simple transaction that doesn’t have any special requirements or a complex transaction that requires logging of contracts and an escrow account, The Pecu Novus Network can satisfy those needs. For a simple business transaction the cost effectiveness, safety and timeliness to transfer coins from one business to another happens in a matter of seconds not hours or days. For more complex transactions the network gives coinholders the ability to utilize the escrow feature to place the amount of coins needed for a transaction into actual escrow with a release date associated with it. An added feature will be the ability to not only add a contract reference in the note section but also to attach full contracts, in digital form, to the transaction. Many more features will be announced in 2018 for the benefit of businesses globally that utilize The Pecu Novus Network.
Real Estate Transactions
The Pecu Novus Network is a great tool for various types of real estate transactions, from commercial to residential and industrial. The key ingredient is the Pecu Novus Escrow System, this allows a buyer of real estate to actually place the amount of coins needed for a deposit or total transaction in escrow for the benefit of the seller. Within the Escrow System a buyer and seller can actually include brief details of the transaction for public view on the blockchain as well as a private message solely between the two parties. Soon the added feature of being able to log actual real estate contracts digitally with the coins being put in escrow will allow for full transparency between the two parties and any associated parties that may need access to this information. It’s a great tool for real estate attorneys on behalf of their clients, it saves time, its cost effective, its secure and its transparent. The applications in the world of real estate for The Pecu Novus Network is vast and will continue to grow as additional features are developed on the network.
Digital Asset Investments
The Pecu Novus Network is multifaceted and beyond the Pecu Novus coins being used for transactional purposes one of the more important uses is for digital asset investments and/or investments. A business or individual that owns Pecu Novus coins can use those coins to make digital asset investments in companies. With a digital asset investment the Sender or Coinholder would come to terms with a potential company to make a digital asset investment, they would then, according to the agreed upon terms, place Pecu Novus coins in escrow for the benefit of Receiver or Company with a redemption schedule into fiat currency. When coins are placed in the Pecu Novus Escrow System they carry a release date, this release date is agreed to by both parties and the Sender or Coinholder is the party that sets that date upon sending the coins. This adds an asset on the books of the Company and may be beneficial if the company is seeking to secure alternative financing from a traditional or nontraditional institution.
Non-Profits can benefit from Pecu Novus coins being used as donations for their cause. As with an asset investment, coins can be placed via the Pecu Novus Escrow System for the benefit of the non-profit by the Sender or Coinholder and staggered over a period of time. For instance if a Sender or Coinholder placed coins in escrow for a non-profit they have the ability to stagger the release dates over the course of 6 months, 12 months or 5 years. This puts more control in the hands of the Sender and allows the non-profit to benefit from a digital asset donation seamlessly.