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PAIN POINT: Real Estate Transactions are expensive, and a lot of money is hanging on the validity of a document.

Blockchain-based Smart Escrow Contracts allow for reduced overhead costs and mitigated risks. Once data is placed on the blockchain it can be easily retrieved and re-used without a need for further verification. The data now becomes a single source of truth all parties to the transaction can fully trust without the need to reconcile.

Our software modules are available to integrate into your existing workflow immediately.

TRID Integration¹ and Real Time Collaboration

Smart Escrow Contracts. SmartEscrow™, by Ubitquity®, acts as an autonomous intermediary, automatically executing based on the instructions given it from the parties to the transaction. The UI/UX (User Interface / User Experience) automatically calculates and inserts the data into the TRID form allowing for real time collaboration and sharing of data between permissioned users. The software needs to be robust enough to accommodate for all types of real estate transactions. As a pioneering and leading real estate and title blockchain service provider since September 2015, with experienced experts in blockchain, title insurance, and escrow, we have the expertise necessary implement our suite of technologies into your existing software stack.

¹ Learn more about TRID RESPA

Help mitigate fraud for wiring instructions

Avoid and mitigate fraud. Have assurance that you are sending and receiving funds from the proper source with our secure wire instruction tools. This is the benefit of collaborating within a blockchain environment.

WHITE LABEL + IP LICENSING AVAILABLE

SmartEscrow™ is available for White Labeling and Intellectual Property (IP) licensing.

Contact us for details.

Affordable BaaS and API features with secure storage

The Ubitquity Baas Platform and API, called unanimity, is the platform that powers the blockchain recording part of the SmartEscrow™ product. It utilizes blockchain and off-chain data storage. This enables users to ensure the authenticity of information related to the land or property in question, in particular, its current ownership and all the historical transactions. In addition, the non-encrypted metadata regarding transactions, among other contents of all formulas, are stored in a centralized database, with encrypted decentralized storage (via StorJ, IPFS) or on Amazon AWS, Vultr Cloud.
We're proud offer a 100% SLA guarantee on Network and Node uptime via our secure data storage.

         

FEATURE-RICH SOFTWARE (SMART & RICARDIAN) FROM UBITQUITY® THAT IS READY FOR THE TITLE INDUSTRY AND OTHER INDUSTRIES...

Once the data is on the blockchain: It can be recycled for future closings. The cryptographic hash of the data is the equivalent of an immutable time-stamp.

Open Standards are used: This allows for real time collaboration in a secure environment that’s open to all for a future starter exchange/consortium among industry players if necessary.

Ricardian Contracts are used: These are natural language contracts that store pertinent data as machine readable information for future data ingest.

Features included with SmartEscrow™

SmartEscrow is tied into the BaaS Blockchain Platform

We offer a simple user experience for securely recording and tracking property with our patent pending Blockchain-as-a-Service (BaaS) blockchain platform: unanimity version 1.1.

Enterprise Ready API

We've created a functioning, enterprise ready API that links into existing databases, and property management systems including uploading and record documents onto the blockchain.

Peer-to-Peer Storage

Using our platform for document hashing and peer-to-peer seeding technology for encrypted and decentralized data.

Increased Transparency

Transparency in real estate results in more trust from everyone in a transaction. Ubitquity® brings a whole new level of transparency.

Read more about what is included, by visiting the unanimity (Baas + API) platform page.