# Intro

<figure><img src="https://1036618735-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTAIXHtHIQ18WNoaKz7NT%2Fuploads%2F5Pwi73vAkM7oaY6cOx9a%2Flogo-weset_io-registrado-azul.png?alt=media&#x26;token=872be857-8119-4698-a28f-b4c28aa457cc" alt=""><figcaption></figcaption></figure>

Weset is a platform for buying, trading and managing Non-Fungible Tokens (NFTs) representing real-world assets, specifically properties. It provides a user-friendly interface for users to interact with NFTs and blockchain technology, making it easier for users to invest in real-world assets through NFTs.

*"The tokenization of real-world assets and their use in DeFi provides a number of advantages over the status-quo, many of which derive from the properties that make public blockchains and DeFi valuable."* - Chainlink

* **Increased efficiency:** A blockchain’s ledger serves as the golden source of truth, reducing friction during post-trade reconciliation. Atomic settlement also removes the need for delayed [T+2 settlement](https://www.investor.gov/introduction-investing/investing-basics/glossary/settling-securities-transactions-t2), as assets can be simultaneously delivered with payment.
* **Reduced costs:** Self-executing autonomous protocols reduce the need for intermediaries at every step. Early results show an [up to 90%](https://www.sustainablefinance.hsbc.com/mobilising-finance/blockchain-gateway-for-sustainability-linked-bonds) reduction in the cost of bond issuance when using blockchain-based record keeping and an [up to 40%](https://www.entoro.com/news/cost-benefits-of-digitization-vs-traditional-private-placement) reduction in fundraising costs.&#x20;
* **Increased transparency:** Public blockchains are auditable in real-time, opening up the ability to verify the quality of asset collateral and systemic risk exposure. Disputes around record keeping can also be mitigated through public dashboards showcasing on-chain activity.
* **Built-in compliance:** Complex compliance rulesets can be programmed directly into tokens and applications offering services involving tokens. [Privacy-preserving KYC](https://core.ac.uk/reader/158569430) tools can be implemented to shield user privacy while remaining compliant with the relevant regulations.


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