Technology is evolving at an enormous pace, and MIRIS is committed to harnessing the best emerging capability to deliver solutions for its market but also to drive scale in the operation of its business. This has driven the establishment of MIRIS X as the blockchain-based ecosystem on which the future MIRIS business model will run.
MIRIS X is underpinned by distributed (or decentralised) ledger technology (DLT) and its ability to tokenise the exchange and store of value, rights and contractual obligations. It will enable MIRIS to adhere to regulation and thereby allow for ethical auditing of all funds flowing through the MIRIS ecosystem (to and from suppliers, occupants, partners and investors).
MIRIS X, is a propriety blockchain powered technology platform which will enable MIRIS to:
Offer investors access to projects in a frictionless, transparent way, eliminating intermediaries and associated costs, yet providing enhanced returns as a result of the greater efficiencies of building and financing through this platform.
Due to the tokenisation of investments in projects via an online exchange, investors will enjoy a level of liquidity not typically associated with the real estate market.
The platform will optimise supply chain activity in a way that is revolutionary – automated monitoring of delivery and payment cycles keeping full control of project progress and avoiding errors and drastically reducing personal conflicts of interest through smart contracts and objective reporting.
With the assistance of Building Management Systems (BMS) and Building Information Modeling (BIM), MIRIS will be able to undertake active surveillance and operation of all buildings to ensure they are as energy efficient as possible.
All data are available via the MIRIS X platform, and all payments take place on the platform. Thus, the MIRIS Token Economy Platform will also reduce operational costs.