Blockchain-secured Platform For Real Estate Transactions Ubitquity Partners With Virginia Beach-based Priority Title & Escrow For US Pilot

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Blockchain company Ubitquity has recently announced that it has partnered with Priority Title & Escrow, a full service title company headquartered in Virginia Beach, to stamp title records on a Blockchain. 

“We are pleased to announce our partnership with Priority Title & Escrow. Having trusted partners to secure verifiable title information to Ubitquity continues the transition of a centuries-old paper title system to a new information age system.” says Founder & CEO of Ubitquity, Nathan Wosnack.

“Ubitquity will simplify the process of tracking and recording to enable a long-term chain of custody of title. By recording this and all future documents/events in that property’s future, a publicly accessible, immutable record on the Blockchain is created, making future transfer easier and less costly to research. We aim to create an immutable complete record of ownership for our customers. Priority Title & Escrow will help to legitimize this important process.” added Wosnack.

Ubitquity is providing an original record of recording data on its Software-as-a-Service (SaaS) platform. This provides users and customers the ability to add data to the system so complete history of ownership and search can always be traced using the immutability of the Blockchain.

“The future of Settlements will be determined by our ability to create a trusted and secure way to sign, notarized and record our closing documents. The Blockchain has immense untapped value as it relates to all three aspects. We look forward to working with Ubitquity and the team to pilot this process.” says Priority Title & Escrow CEO, Joseph LaMontagne.

Priority Title & Escrow is a full service title company headquartered in Virginia Beach. We lead the settlement services industry across Hampton Roads, with local expertise and national reach. Their team of experienced professionals takes pride in delivering efficient,

Ubitquity, a Blockchain-secured platform for real estate transactions offers a simple user experience for securely recording, tracking, and transferring deeds. The private alpha version of their platform was released on September 15th, 2016 for select real estate and title companies.

About Richard Kastelein

Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC. Kastelein is also an advisor with a number Blockchain startups doing ICOs including Humaniq.co where hs is interim CMO, DECENT.ch, Inchain, Chronobank, eGaas and others. He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List.

As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven, Bucharest, Nairobi, Tel Aviv, Manchester, Brussels, Barcelona etc, where he helped spread the cause for Blockchain technology and cryptocurrency and, consequently, has built a notable network in the scene.

He’s also a director of a Dutch foundation called The Hackitarians and has run innovation events in London, San Francisco, Berlin, Amsterdam and other cities around the world on topics such Blockchain, Health, Energy, Internet of Things, AI etc.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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