Ubitquity, a company Blockchain security platform Regarding the preservation of real estate and property rights records, it was announced today that it has officially launched the SmartEscrow.us website for the US market.
“For buyers who want to use cryptocurrency to purchase real estate, SmartEscrow is a game changer. The launch of SmartEscrow.us will be the initial online portal for these buyers, title companies, underwriters and banks. We expect us A mobile version of SmartEscrow will be launched later this year,” said founder and CEO Nathan Wosnack. Ubit Co., Ltd..
Features of SmartEscrow include:
Blockchain Explorer fund preview, fund collection and payment, complete transparency, escrow theft mitigation, fund no refund/refund, real-time settlement, stable currency support (Tether, TrueUSD, USD Coin, Paxos), trusted custodial wallet.
“We are providing what the market needs, that is, real estate settlement in cryptocurrency. Our crypto banking network, approved title insurance underwriters and agencies will allow real estate buyers and sellers to trade through cryptocurrency stablecoins, using Ubitquity’s SmartEscrow custodial wallet, which is designed for industry participants who perform traditional real estate custodial settlement services,” said Wes Williams, vice president of Ubitquity products.
- Instant encrypted real estate settlement – With the click of a button, the property rights and custody industry can safely, instantly, and completely transparently pay settlement funds to all counterparties in real estate transactions.
- Fraud Mitigation – Through our encrypted banking network, approved title insurance underwriters, and using our trusted custodial wallet that complies with KYC/AML requirements, you can rest assured that all cryptocurrency funds are verified and traceable in every transaction.
- Feature-rich smart contracts – The cryptographic hash of the data is equivalent to an immutable time stamp with an open standard. This allows real-time settlement in an open, transparent and secure environment, and shows the flow of funds through a block explorer that can be reviewed by all parties.
Ubitquity provides many blockchain as a service (BaaS) tools on it Unanimously passed Platform, it has been successfully integrated into multiple industries including aviation and real estate to provide custody and property closure support, property rights extraction, digital, hybrid and paper notarization support, smart contract management, and secure document management. Ubitquity can help with regulatory-compliant token sales, integration consulting, real estate NFT (non-fungible token) creation, etc.