Dr Jean-Michel Paul, CEO and Co-founder of Real Estate Analytics (REA) is leading a paradigm shift in how the real estate industry makes use of data.
Text by Jan Yong Photography by Jake Cham and MC
Dr Jean-Michel Paul (JM for short) makes many bold claims but it all checks out. “The cryptocurrency market collapse is about time as crypto, including bitcoin, is not backed by any tangible asset,” he opines.
“JM is working on a replacement currency or token tentatively called ½BCD; which will be backed by a REITs index.”
In fact, JM is working on a replacement currency or token tentatively called ‘ABCD’, which will be backed by a REITs index, similar to stock market indices like the Dow Jones stock market index. In other words, the new currency would be backed by the world’s underlying assets of large REITs (Real Estate Investment Trust) or part of the real estate portfolio from institutional investors.