Oct 30, 2017
The current real estate record keeping system is slow, inefficient,
and has very little transparency. Redressing property rights and
other issues is not uniform around the world, or even within the
same country. Ubitquity's blockchain record keeping hopes to change
that.
By recording, storing, and tracking property rights on a system
that is parallel to the current paper system, Ubitquity will
shorten the wait times for requested records, lower title insurance
costs, and even help combat government corruption and backward
policies and procedures.
Ubitquity currently works on the Bitcoin blockchain, though they
are compatible with other blockchains, as well, and are currently
focused on North American municipalities. However, they are looking
to expand into South America, and have tested their product in
Brazil.
For more information, visit www.ubitquity.io.