Ubitquity teams with VeChain on blockchain-powered tools for title industry

Ubitquity teams with VeChain on blockchain-powered tools for title industry

Ubitquity, an enterprise blockchain-secured platform for real estate and title recordkeeping, has announced that it is now a business partner of VeChain.

According to their website: VeChain ToolChain is a comprehensive blockchain platform offering diverse services including product lifecycle management, supply chain process control, data deposit, data certification, and process certification.

VeChain currently operates out of seven offices located in Shanghai, Singapore, Paris, Luxembourg, Palo Alto, Tokyo, and Hong Kong, with an international professional team of over 100 staff members including over 50 professional blockchain application developers.

“Ubitquity is proud to be working with such a well-respected and forward-thinking company like VeChain who are at the forefront of enterprise adoption of blockchain technology. Ubitquity is going to implement a solution for its long-term customer, Rainier Title on the VeChainThor public blockchain using the BaaS platform called VeChain ToolChain,” said Nathan Wosnack, Founder & CEO of Ubitquity LLC.

“Bill Bergschneider, Chief Executive Officer of Rainier Title, is a true visionary in the title space. This is a historic moment for the real estate and title industry and it is wonderful to have such a forward-thinking partner to develop and create this vision and dream with,” added Wosnack.

Rainier Title, a leading title company in the Pacific Northwest, and Ubitquity who is the leading enterprise-secured platform for real estate and title recordkeeping are establishing a new way forward for the entire title and real estate industry.

“The future is being accelerated in a rapid way. Our partnership with the brilliant cast of players at both Ubitquity and VeChain has put us all on the forefront of how Real Estate transactions need to flow. The collective ideas will deliver a more secure and transparent transaction for the consumer not to mention opening many doors for seamless, immutable storage and transfer of all property data.” said Bill Bergschneider, CEO of Washington State-based Rainier Title.

“Welcome to the VeChain ecosystem! We see tremendous potential for Ubitquity’s BaaS API solutions being widely used and adopted for real-world use-cases,” said Jason Rockwood, General Manager of VeChain US.

“The VeChain team is looking forward to working closely with the team in digital real estate and is excited about their first client to use our technology which is Rainier Title. We believe our product is the premium choice to achieve business objectives, and strike the best balance of decentralized finance and stringent oversight. We will be restlessly seeking more opportunities to add value to our ecosystem.” added Rockwood.

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.

Published at Tue, 30 Mar 2021 02:52:10 +0000

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