Escaroo Limited, the blockchain-powered escrow creation platform for cryptocurrency and title transfer, are partnering with Ubitquity LLC. This new partnership will empower clients in the purchasing of high-value items. Clients will now have the ability to include the extra security a blockchain registered title brings. This innovation can revolutionize the high-value purchase industry and will expand Escaroo’s escrow products to a new level. This new system is made possible by the use of tokenized property title, recorded to the blockchain, enabling the buyer to purchase with a trust level never before achieved. Buyers and sellers can both rest, knowing that the transaction cannot complete until all aspects of the deal have been agreed to, acted upon and verified.
The system will use individual smart contracts to process the conveyance, allowing complete security and total privacy, to what can sometimes be a stressful process. This ground-breaking technology will bring peace of mind and long term generational accuracy to the world of title.
With an intimate knowledge of the real estate industry, the founders of Escaroo understand the problem of title transfer and provability. If blockchain-based title registration was available before the real estate crisis of 2008, many of the title ownership problems arising afterwards could have been easily rectified.
“Provable property ownership is an issue that needs solving and has been on Escaroo’s radar from the start. The joint venture with Ubitquity is now making this possible, we couldn’t be happier,” said Frank Pira, Founder & CEO of Escaroo.
About Ubitquity LLC
UBITQUITY, the enterprise-ready blockchain-secured platform for real estate recordkeeping, offers a simple user experience for securely recording and tracking property deeds and land records. The company is partnered with academia, municipalities, and title companies. Version 1.0 stable release of their platform is now available at https://ubitquity.io
About Escaroo Limited
Securely buy & sell with ease using Escaroo’s proprietary KeylessEscrow® Payment System. By harnessing the power of smart contracts, their advanced patent-pending technology puts control back into the user’s hands. To learn more about Escaroo, and how we are helping bring digital transactions into the real world, please visit https://escaroo.com or email [email protected]