Real estate and title record-keeping platform Ubitquity LLC has announced that it has joined the Property Records Industry Association (PRIA). This announcement is important in meeting common goals and creating a scenario where each and every stakeholder associated with the real estate industry can work towards a common objective. This association will definitely help in addressing some of the common concerns associated with transactions of properties. It is important to note that PRIA has been working towards laying down best practices while promoting the highest standards in the business of property transactions.
Finer Details
The association can be easily described as one of the first occasions a blockchain company joined the PRIA platform. The founder and chief executive officer of Ubitquity LLC, claimed that the company shares the passion of PRIA in creating world-class practices to enhance transparency and credibility. PRIA has done a commendable job in the real estate industry by creating the best practices, and Ubitquity LLC sees this opportunity of joining the PRIA platform to further augment the credibility of the real estate industry.
Just so you know, Ubitquity LLC operates an unanimity platform that offers a range of blockchain tools to a number of its clients across industries. There is a range of services on offer, which include the likes of title abstraction and closing, smart contract management, paper notary support, and secure document management. In fact, recently, the company has launched the NotaryBlock service platform to help people get blockchain-based support for their land transactions. Thus, it is very clear to find the logic behind Ubitquity LLC’s association with PRIA as both organizations are working towards the achievement of a common objective.
Conclusion
This development will further provide impetus to the expansion of PRIA in terms of its members in the future. PRIA is a very effective platform for all companies operating in the real estate domain to come together and share the common concern and the issues associated with the industry. And now, with the inclusion of Ubitquity LLC, this platform will definitely be able to enhance its usability in the future.