Ubitquity joins University of British Columbia blockchain research collaboration

Rage Review : Ubitquity LLC, a blockchain platform for real estate transactions, has joined the University of British Columbia's blockchain research collaboration to work together on blockchain and ownership records. Ubitquity provides a simple user experience by securely recording and tracking ownership records through its "software as a service" blockchain platform. The company aims to help real estate, title insurance, and electronic record companies profit from clean ownership records, reduce the time for future title research, and increase confidence and transparency.

Translation: Flora

CryptoCoinsNews reports that Ubitquity LLC, a blockchain platform for real estate transactions, has joined a blockchain research collaboration at the University of British Columbia to work together on blockchain and ownership records.

Ubitquity LLC, a blockchain startup that celebrated its one-year anniversary in September, has already achieved a historic milestone in digital asset management by recording the first real estate title transfer on a blockchain, and just recently announced the appointment of blockchain real estate thought leader Avi Spielman to its advisory board.

Nathan Wosnack

Nathan Wosnack, founder of Ubitquity, said:

The team met Victoria Lemieux, an associate professor of archival science at the University of British Columbia’s School of Information, at the World Bank General Assembly last March and began collaborating with her and her research team. Hasan Cavosoglu, Luciana Duranti, Ning Nan and Carson Woo are all academic partners in Lemieux’s research team.

Notably, Lemieux received a Knowledge Synthesis Grant in the emerging blockchain technology field earlier this year for his paper “Blockchain Recordkeeping Technology: Help or Hype?”

Ubitquity provides a simple user experience by securely recording and tracking title records through its "Software as a Service" blockchain platform. The company aims to help real estate, title insurance and electronic recording companies profit from clean title records, reduce the time of future title research, and increase confidence and transparency.

Wosnack told CCN:

“We have a system of record that works, and we are working with other stakeholders in the private blockchain space, such as title companies and new construction developers, because everything has to start somewhere, and as you probably know, innovation usually starts in the private sector, and then the government follows. Our ultimate goal is to expand our horizons and work with city and county recorders to record all public documents related to every property in their jurisdiction, and work on the integration of electronic record companies.”