Ubitquity, the innovative leader in the blockchain, title, and real estate space has launched SmartEscrow.us in order to help the title and escrow industry conduct a real property settlement utilizing cryptocurrency stablecoins
Wilmington, Delaware, USA — July 22, 2021 — Ubitquity LLC, the leading enterprise blockchain-secured platform for real estate and title recordkeeping, is pleased to announce that it has officially launched its SmartEscrow.us website for the United States markets.
“SmartEscrow is a game-changer for buyers who want to purchase real estate with their cryptocurrency. The launch of SmartEscrow.us will act as an initial online portal for those buyers, title companies, underwriters, and banks. We anticipate that we will be launching a mobile version of SmartEscrow later this year,” said Nathan Wosnack, Founder & CEO of Ubitquity LLC.
Features of SmartEscrow include Blockchain Explorer preview of funds, Collection and Disbursement of Funds, Complete Transparency, Escrow Theft Mitigation, No chargeback/clawbacks of funds, Real-Time Settlements, Stablecoin support (Tether, TrueUSD, USD Coin, Paxos), Trusted Custodial Wallets.
“We are providing what the market has demanded, i.e. true cryptocurrency real estate settlements. Our network of crypto banks, approved title insurance underwriters, and agencies will allow buyers and sellers of real estate to transact via a cryptocurrency stable coin, utilizing Ubitquity’s SmartEscrow custodial wallets specifically designed for use by industry players who perform traditional real estate escrow settlement services,” said Wes Williams, Esq., VP of Product at Ubitquity.
“Ubitquity’s SmartEscrow product will usher in a new era for the industry by providing it with the ability to receive, disburse, and get paid in crypto. In a secure and compliant way that all parties can benefit from,” added Williams.
SmartEscrow offers Instant Crypto Real Estate Settlements. With the click of a button, the title and escrow industry can disburse settlement funds to all counterparties to a real estate transaction securely, instantly, and in an immutable fashion with complete transparency.
Fraud Mitigation. Through our network of crypto banks, approved title insurance underwriters, and utilizing our trusted custodial wallets which comply with KYC/AML requirements, you can rest assured all cryptocurrency funds are verified and traceable within each transaction.
Feature-Rich Smart Contracts. The cryptographic hash of the data is the equivalent of an immutable time-stamp. Open Standards are used. This allows for real-time settlement in a secure environment that’s open, transparent, and shows the flow of funds by way of a block explorer which all parties can review.
Ubitquity has a number of Blockchain as a Service (BaaS) tools available on its unanimity platform, that it has successfully integrated across a variety of industries including aviation and real estate for escrow and title closing support, title abstracting, digital, hybrid, and paper notary support, smart contract management, as well as secure document management. Ubitquity can help with regulatory-compliant token sales, integration consulting, real estate NFT (Non-Fungible Token) creation, and more.
About Ubitquity, LLC
UBITQUITY, the leading blockchain-secured platform for real estate and title recordkeeping, offers a simple user experience for securely recording and tracking property deeds and land records. The company is partnered with academia, aviation companies, municipalities, and real estate companies. Version 1.1 release of the platform is now available on their newly relaunched website: www.ubitquity.io. Learn about Ubitquity Tokenization and NFTs for real estate and title (MyNFTs) and how it can help your firm by visiting www.ubitquity.io/tokenization.
Tatjana O’Brien, VP of Marketing
email: [email protected]
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