Ubitquity, an enterprise blockchain-secured platform for actual property and title recordkeeping, right this moment introduced that it has formally launched its SmartEscrow.us web site for america markets.
“SmartEscrow is a game-changer for patrons who need to buy actual property with their cryptocurrency. The launch of SmartEscrow.us will act as an preliminary on-line portal for these patrons, title corporations, 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, permitted title insurance coverage underwriters, and businesses; will permit 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 providers,” stated Wes Williams, Esq., VP of Product at Ubitquity.
- Prompt Crypto Actual Property Settlements – With the clicking 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, permitted title insurance coverage underwriters, and using our trusted custodial wallets which adjust to KYC/AML necessities, you possibly can relaxation assured all cryptocurrency funds are verified and traceable inside every transaction.
- Function-Wealthy Sensible Contracts – The cryptographic hash of the info is the equal of an immutable time-stamp with open requirements. This permits for real-time settlement in a safe atmosphere that’s open and clear; exhibiting the stream of funds by way of a block explorer which all events can evaluate.
Ubitquity has a variety of Blockchain as a Service (BaaS) instruments accessible 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 help with regulatory-compliant token gross sales, integration consulting, actual property NFT (Non-Fungible Token) creation, and extra.