Ubitquity, an enterprise blockchain-secured platform for actual property and title recordkeeping, in the present day introduced that it has formally launched its SmartEscrow.us web site for the US markets.
“SmartEscrow is a game-changer for patrons who wish to buy actual property with their cryptocurrency. The launch of SmartEscrow.us will act as an preliminary on-line portal for these patrons, title firms, underwriters, and banks. We anticipate that we are going to be launching a cellular model of SmartEscrow later this 12 months,” stated Nathan Wosnack, Founder & CEO of Ubitquity LLC.
Options of SmartEscrow embody:
- Blockchain explorer preview of funds.
- Assortment and disbursement of funds.
- Full transparency.
- Escrow theft mitigation.
- No chargeback/clawbacks of funds.
- Actual-time settlements.
- Stablecoin help (Tether, TrueUSD, USD Coin, Paxos).
- Trusted custodial wallets.
“We’re offering what the market has demanded, i.e. true cryptocurrency actual property settlements. Our community of crypto banks, authorised title insurance coverage underwriters, and businesses; will enable patrons and sellers of actual property to transact by way of a cryptocurrency steady coin using Ubitquity’s SmartEscrow custodial wallets; particularly designed to be used by trade gamers who carry out conventional actual property escrow settlement companies,” stated Wes Williams, Esq., VP of Product at Ubitquity.
- Instantaneous Crypto Actual Property Settlements – With the press of a button, the title, and escrow trade can disburse settlement funds to all counterparties to an actual property transaction securely, immediately, and in an immutable trend with full transparency.
- Fraud Mitigation – By our community of crypto banks, authorised title insurance coverage underwriters, and using our trusted custodial wallets which adjust to KYC/AML necessities, you may relaxation assured all cryptocurrency funds are verified and traceable inside every transaction.
- Characteristic-Wealthy Good Contracts – The cryptographic hash of the information is the equal of an immutable time-stamp with open requirements. This enables for real-time settlement in a safe surroundings that’s open and clear; displaying the circulation of funds by way of a block explorer which all events can evaluate.
Ubitquity has quite a lot of Blockchain as a Service (BaaS) instruments obtainable on its unanimity platform, that it has efficiently built-in throughout quite a lot of industries together with aviation and actual property for escrow and title closing help, title abstracting, digital, hybrid, and paper notary help, good contract administration, in addition to safe doc administration. Ubitquity may also help with regulatory-compliant token gross sales, integration consulting, actual property NFT (Non-Fungible Token) creation, and extra.