Ubitquity, a blockchain-secured platform for real estate and title recordkeeping, introduced it has formally launched its UbitquityPay answer for residential and industrial actual property offers utilizing crypto.
“UbitquityPay is the international answer for crypto funds + actual property transactions. The launch of UbitquityPay.com will act as an preliminary on-line portal for these consumers, title firms, underwriters, and banks,” mentioned Nathan Wosnack, Founder & CEO of Ubitquity LLC.
“Now we have been working for quite a lot of years to get to this thrilling level at our firm. UbitquityPay will certainly revolutionize the worldwide actual property trade,” added Wosnack.
Options of UbitquityPay embrace blockchain explorer preview of funds, assortment & disbursement of funds, full transparency, escrow theft mitigation, no chargeback/clawbacks of funds, next-day settlements, dozens of cryptocurrencies supported, and trusted custodial wallets.
“I’m so excited to launch UbitquityPay, as our international answer for crypto funds worldwide. There was a lot demand for this product and fulfills a imaginative and prescient I had from again in 2017,” mentioned Darcy Van Orden, CRO of Ubitquity, who can be working this new division of the corporate.
- Subsequent-Day 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, accepted title insurance coverage underwriters, and using our trusted custodial wallets which adjust to KYC/AML necessities, you may relaxation assured all cryptocurrency funds are verified and traceable inside every transaction.
UbitquityPay has quite a lot of companions to make sure that it’s profitable upon launch. Rainier Title, a Washington State-based title and escrow agency, and HEIGHTZERO Real Estate and Consulting, amongst different corporations becoming a member of within the coming weeks.
Ubitquity has quite a lot of Blockchain as a Service (BaaS) instruments obtainable 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, sensible contract administration, in addition to safe doc administration. Ubitquity might help with regulatory-compliant token gross sales, integration consulting, actual property NFT (Non-Fungible Token) creation, and extra.