A centuries old industry steps into the Blockchain era with Ubitquity
March 4, 2016
FOR IMMEDIATE RELEASE
Dover, Delaware, USA – March 4, 2016 – Ubitquity LLC, a leading Blockchain developer for advanced applications in real estate has successfully completed the development of its platform prototype that is set to revolutionize the real estate industry.“We’re building an innovative and blockchain-secure, distributed platform with extensive functionality and integration for the title insurance industry and county clerks within the United States,” said Nathan Wosnack, co-founder and CEO.
Ubitquity builds upon Colu’s implementation of Colored Coins; an open-source platform used for creating, storing and managing digital assets using blockchain technology. Ubitquity fully integrates the security and transparency of the blockchain with the user creation process and every step of its document management storage framework. Users can identify whether they are a title insurer or county process and use Ubiquity’s tools to begin taking advantage of this powerful stack.
“Ubitquity will increase speed and accuracy of title search, along with helping to prevent fraudulent conveyance of property by adding overall transparency. Our blockchain-powered platform will also improve the due diligence process for the industry,” Wosnack added.
“The result is the dramatic reduction of risks in every step of documentation, and a sense of confidence and security that can only be made possible by an immutable public ledger. We’re excited to be working with players in the industry to make this all possible.”
Ubitquity is inviting select financial institutions, title companies, and others within the private sector for an exclusive demo/presentation of its platform.
About Ubitquity LLC
UBITQUITY, a peer-to-peer title transfer company, is building a blockchain-secure, encrypted/distributed storage platform. We are based out of Dover, Delaware, United States, with our partners and advisers located worldwide.