Ubitquity, a blockchain-secure storage platform, organises the first meet-up devoted to the discussion of potential use of blockchain technology for the ends of real estate sector. The event is scheduled on Sunday, 31 January 2016 in Washington DC.

The event page created by the organisers on the popular social platform Meetup emphasises neutral and informal character of the meeting. Ubitquity CEO Nathan Wosnack explains its aims:

“We expect to meet people in and around D.C. who are involved in both sectors. From real estate title, clerks, to Blockchain consultants, developers, etc. It will be about the spreading of ideas, making industry contacts, investors, etc. We see real estate as the next big thing for 2016.”

Ubitquity LLC is a Delaware-based company implementing the distributed ledger technology in real estate sector. The platform proposes recording, tracking and transferring deeds and title documents. It aims at preventing title fraud and tracking record of ownership across the entire real estate industry.

Ubitquity is not the first company to introduce the blockchain technology potential to the real estate industry. CoinFox reported earlier on the land title project of Factom, a blockchain recordkeeping service, and the governmental project in Honduras aimed at settling the land title fraud problem. Besides, IBREA, the International Bitcoin Real Estate Association, currently plans to use the distributed ledger technology to address the issues of title process, land registries, and even escrow.

Anna Lavinskaya