Bitcoin
$ 29,276.00 2.90%
Ethereum
$ 1,987.95 1.98%
Solana
$ 49.75 4.40%
Dogecoin
$ 0.084653 1.95%
ApeCoin
$ 7.86 1.11%
STEPN
$ 1.39 0.24%
Terra
$ 0.000161 24.83%

Wosnack drive Ubitquity Smart Escrow blockchain service into operations

ubitquity

Ubitquitys is a Blockchain-Secured Platform for legal record keeping and it has recently made an announcement revealing its brand new software. Smartescrow is the new software module that can be used to reduce the price of non-labor charges that are essential for the proper functioning of a business.

The service along with the main feature will also reduce the risks that come along with dealing in such fields. The data is entered into the system and can be used again or taken out without any further confirmation. The BaaS platform and API use the data that is stored in the blockchain system as well as the one stored outside of it. This feature benefits the user the most.

Using this feature the user can get clear and authentic information about the property they are involving themselves with for investment. This feature allows the user to get information regarding the property background check such as who owns it currently and who owned it previously.

Non-encrypted data and other important information associated with the transactions and dealings are stored inside a centralized database.

The CEO of Ubitquity Nathan Wosnack gave a statement regarding the situation expressing that Ubiquity is going through a good and thriving period. The new Smartescrow technology is designed so that it can be attached to the existing system of the user immediately without any setbacks or delays.

The software has an inbuilt system to prevent scams and frauds and also has the ability to act as an automatic mediator.

Wosnack wanted to emphasize the fact that the team behind the whole project consists of skilled and experienced professionals who have been working in this field for a long time.

Their hard work is bound to result in a successful technology. Wosnack has a very optimistic approach to the project.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

Related News

Hot Stories

Michael Saylor says market crash will benefit Bitcoin
Ethereum wipes out $8.10B while eagerly awaiting 'The Merge'
Crypto exchanges are relisting LUNA after the crash
Terra admits to facing technical issues in resuming LUNA and UST transfer 
RoboApe could be valued over Dogecoin and other crypto-memes.

Follow Us

Industry News

eBay jumps into declining NFT business with Wayne Gretzky's help
Crypto crowd’s shocking prominence in Davos
Balenciaga U.S. stores to accept BTC and ETH starting June 2022
BTC Pizza Day is celebrated amid crypto crash
CV VC launches Africa-focused blockchain fund