Ubitquity, an enterprise blockchain-secured platform for actual property and title recordkeeping, has introduced that it’s now a enterprise associate of VeChain.
In accordance with their website: VeChain ToolChain is a complete blockchain platform providing various companies together with product lifecycle administration, provide chain course of management, knowledge deposit, knowledge certification, and course of certification.
VeChain at present operates out of seven places of work situated in Shanghai, Singapore, Paris, Luxembourg, Palo Alto, Tokyo, and Hong Kong, with a global skilled workforce of over 100 workers members together with over 50 skilled blockchain software builders.
“Ubitquity is proud to be working with such a well-respected and forward-thinking firm like VeChain who’re on the forefront of enterprise adoption of blockchain know-how. Ubitquity goes to implement an answer for its long-term buyer, Rainier Title on the VeChainThor public blockchain utilizing the BaaS platform known as VeChain ToolChain,” mentioned Nathan Wosnack, Founder & CEO of Ubitquity LLC.
“Invoice Bergschneider, Chief Government Officer of Rainier Title, is a real visionary within the title house. It is a historic second for the actual property and title trade and it’s great to have such a forward-thinking associate to develop and create this imaginative and prescient and dream with,” added Wosnack.
Rainier Title, a number one title firm within the Pacific Northwest, and Ubitquity who’s the main enterprise-secured platform for actual property and title recordkeeping are establishing a new way forward for all the title and actual property trade.
“The longer term is being accelerated in a fast manner. Our partnership with the good solid of gamers at each Ubitquity and VeChain has put us all on the forefront of how Actual Property transactions must circulation. The collective concepts will ship a safer and clear transaction for the patron to not point out opening many doorways for seamless, immutable storage and switch of all property knowledge.” mentioned Invoice Bergschneider, CEO of Washington State-based Rainier Title.
“Welcome to the VeChain ecosystem! We see great potential for Ubitquity’s BaaS API options being extensively used and adopted for real-world use-cases,” mentioned Jason Rockwood, Normal Supervisor of VeChain US.
“The VeChain workforce is wanting ahead to working intently with the workforce in digital actual property and is worked up about their first consumer to make use of our know-how which is Rainier Title. We imagine our product is the premium alternative to realize enterprise goals, and strike the most effective stability of decentralized finance and stringent oversight. We might be restlessly searching for extra alternatives so as to add worth to our ecosystem.” added Rockwood.
Ubitquity has quite a few 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 real estate for escrow and title closing assist, title abstracting, digital, hybrid, and paper notary assist, 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.