Ubitquity, a blockchain-secured platform for real estate and title recordkeeping, announced it has officially launched its UbitquityPay solution for residential and commercial real estate deals using crypto.
“UbitquityPay is the global solution for crypto payments + real estate transactions. The launch of UbitquityPay.com will act as an initial online portal for those buyers, title companies, underwriters, and banks,” said Nathan Wosnack, Founder & CEO of Ubitquity LLC.
“We have been working for a number of years to get to this exciting point at our company. UbitquityPay will definitely revolutionize the global real estate industry,” added Wosnack.
Features of UbitquityPay include blockchain explorer preview of funds, collection & disbursement of funds, complete transparency, escrow theft mitigation, no chargeback/clawbacks of funds, next-day settlements, dozens of cryptocurrencies supported, and trusted custodial wallets.
“I am so excited to launch UbitquityPay, as our global solution for crypto payments worldwide. There has been so much demand for this product and fulfills a vision I had from back in 2017,” said Darcy Van Orden, CRO of Ubitquity, who will be running this new division of the company.
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 in an immutable fashion with complete transparency.
- Fraud Mitigation – Through our network of crypto banks, approved title insurance underwriters, and utilizing our trusted custodial wallets which comply with KYC/AML requirements, you can rest assured all cryptocurrency funds are verified and traceable within each transaction.
UbitquityPay has a number of partners to ensure that it is successful upon launch. Rainier Title, a Washington State-based title and escrow firm, and HEIGHTZERO Real Estate and Consulting, among other firms joining in the coming weeks.
Ubitquity has a number of Blockchain as a Service (BaaS) tools available on its unanimity platform, that it has successfully integrated across a variety of industries including aviation and real estate for escrow and title closing support, title abstracting, digital, hybrid, and paper notary support, smart contract management, as well as secure document management. Ubitquity can help with regulatory-compliant token sales, integration consulting, real estate NFT (Non-Fungible Token) creation, and more.
Source: https://www.cryptoninjas.net/2022/01/25/ubitquity-launches-new-crypto-payment-solution-for-real-estate-transactions/