Ubitquity, the innovative leader in the blockchain, title, and real estate space has added new cryptocurrencies, fees at 1% or less of the total real estate transaction, and a lucrative revenue sharing program.
FOR IMMEDIATE RELEASE
Wilmington, Delaware, USA — April 3, 2022 — Ubitquity LLC, the leading enterprise blockchain-secured platform for real estate and title recordkeeping, is excited to announce that it has officially added 120+ cryptocurrencies, competitive transaction fees, and publicly disclosed revenue sharing via its Emissary Program to its innovative global platform.
UbitquityPay allows a counterparty to send a payment in any cryptocurrency and then immediately transfer that payment into any nation’s government-issued currency. UbitquityPay is an easy and safe way to accept cryptocurrency and fiat currency payments that pertain to residential and commercial real estate transactions.
“I am thrilled to announce three major improvements to the UbitquityPay platform. Ubitquity has always been an inclusionary company. I am pleased that we now offer over 120 cryptocurrency options, competitive fees, and a referral program,” said Nathan Wosnack, Founder & CEO of Ubitquity LLC.
“Now, for the first time, companies and individuals can benefit from cryptocurrency real estate transactions through our Emissary Program. Sharing the wealth and compensating those who are putting their trust in our platform is the only fair way to operate,” added Wosnack.
UbitquityPay helps to remove the friction between real estate companies and homeowners. We work with title companies to ensure the transaction is both legal and valid. Once the transaction is complete, the cryptocurrency is stored with multiple signature wallets. The UbitquityPay platform instantly converts the cryptocurrency amount into fiat currency.
Emissary Referral Program
As part of the Emissary Program, Ubitquity will pay out between 0.20% and up to 0.25% of the entire real estate transaction for title/escrow, underwriter, REALTOR®, real estate agent, or any third party, including individuals who refer Ubitquity deals. A buyer and seller must be willing to transact in cryptocurrency or a hybrid of cryptocurrency and fiat currency (local government currency). Ubitquity has several title/escrow company partners in the United States and Canada who can help facilitate the transaction in a legally compliant manner.
Fees on UbitquityPay are 1% for standard cryptocurrency and hybrid transactions that involve cryptocurrencies and fiat currency (i.e., US Dollar). UbitquityPay fees can be reduced depending on the total real estate transaction size. For $5MM or larger transactions, UbitquityPay will reduce the fees to as low as 0.97%.
UbitquityPay features include a Blockchain Explorer preview of funds, Collection and Disbursement of Funds, Complete Transparency, Escrow Theft Mitigation, No chargeback/clawbacks of funds, Next-Day Settlements, dozens of cryptocurrencies supported, Trusted Custodial Wallets.
UbitquityPay offers Next-Day 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 immutable with complete transparency.
Fraud Mitigation. Through our network of crypto banks, approved title insurance underwriters, and trusted custodial wallets, which comply with KYC/AML requirements, you can rest assured that all cryptocurrency funds are verified and traceable within each transaction. UbitquityPay’s payment providers have full SOC2 Certification as well.
UbitquityPay has several partners to ensure that it is successful. Rainier Title, a Washington State-based title and escrow firm, among other firms joining in the coming weeks.
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. Learn about UbitquityPay by visiting www.ubitquitypay.com.
Tatjana O’Brien, VP of Marketing
tel: +1 (724) BITCØIN [248–2046]