Firstly this token is ownable. Which means we can sell it to a Landlord or his Property Manager.
Function #1 The tenant pays deposit
Function #2 The app checks that the deposit is not overpaid.
Function #3 Landlord withdrawals monthly rent
Function #4 Smart contract Oraclizes (paywall) sensitive customer data to an offline server. This means that the information is offloaded to an Oracle database server on the proprietor’s local computer.
Function #5 The Arbitrator Function remains dormant in case there are future issues between the landlord and tenant.