Ubitquity LLC

blockchain

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 10/07/2020

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About

UBITQUITY, a blockchain-secured platform for real estate transactions offers a simple user experience for securely recording, tracking, and transferring deeds. The platform prototype was released in March 2016, and the alpha version of the software is slated for a summer 2016 release.

MEDICI Analysis

UBITQUITY is a company dedicated to assisting businesses within the growing digital currency markets by building a blockchain-secure, encrypted/distributed storage platform with notarization functionality for consumers and enterprise.

Focus

PRODUCTS & SERVICES

Deeds/Title Platform Notary Service

REVENUE MODEL

Our Software-as-a-service (SaaS) platform is evolving and will offer multi-tiered pricing with a cost to record like a traditional municipality currently charges. We’ll have a standard subscription pricing model and optional support fees for customers available as soon as we’re in beta. Currently we’re on-boarding early pilot and alpha users and offering a non-obligation free trial to address pain-points and implement features.

PRIMARY PROBLEM SOLVED

We are helping financial institutions, title, and mortgage companies benefit from a reduced title search time, increased confidence, and transparency with our blockchain real estate platform. We envision a layered approach to the adoption of this technology. The early adopters are going to be parties with the most to gain from efficiency and reduced transaction costs. Mortgage originators and title companies are natural first customer focuses for us. We also have enterprise level financial institutions interested in taking advantage of our custom platform; but with a permissioned blockchain approach.As a company we’re blockchain agnostic and we’re attempting to address real-world needs. Our platform is meant to be a parallel recording and tracking system to the current legacy paper one. When transactions occur all relevant information about the property are put on our platform. While Ubitquity we’re not attempting to verify reliability or accuracy, requiring a trusted human (i.e. county clerk, data entry clerk), as a company we are instead focused on authenticity as well as the immutability of the stored records processed.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

ACTIVE USERS:

5

People

BOARD MEMBERS AND ADVISORS

1. Directors: Nathan Wosnack

CEO; Christian Saucier

CTO; Matt McKibbin

Director of Business Development <br> <BR> 2. Team Members: Valerie Thompson (CPA)

CFO (on behalf of TCE Solutions Group) ; Tetiana Bragina (PhD)

Crypto Specialist ; Ariel Deschapell

Content Manager ; Johannes Meixner

Systems Administrator <BR> <BR> 3. Advisors: Dr. Michael Frank - PhD (MIT) ; David Duccini (Vires in Numeris) ; Patrick Dugan (Omni Foundation) ; Sam Reynolds (Technology Journalist) ; Blake Anderson (Cryptographic Economist)

Marina Reznik

Blake Anderson

Patrick Dugan

Michael Frank

Sam Reynolds

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

Ariel Deschapell

Valerie Thompson

COMMENT:

Strong work ethic, ability to use their background,skills to help progress our platform,speed up our development time.

Momentum

FUNDED

NO

TOTAL FUNDING

$76 K

CROWDFUNDING

$76 K

LISTED

NO

For Investors

FUNDING NEEDED:

$650 K

USES OF FUNDS RAISED:

1. development

2. marketing

3. research

4. payroll

EXIT STRATEGY

Acquired by large title company or real estate firm.

MONTHS LEFT WITH CURRENT CASH BURN RATE:

12 months from 9 Jun, 2016

BASICS

FOUNDING YEAR:

2015

LOCATION:

United States

Views:

555 VISITORS | 756 VIEWS
LATEST FUNDING ROUND

$76 K

TOTAL EMPLOYEES
1-10

About

UBITQUITY, a blockchain-secured platform for real estate transactions offers a simple user experience for securely recording, tracking, and transferring deeds. The platform prototype was released in March 2016, and the alpha version of the software is slated for a summer 2016 release.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

UBITQUITY is a company dedicated to assisting businesses within the growing digital currency markets by building a blockchain-secure, encrypted/distributed storage platform with notarization functionality for consumers and enterprise.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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Ubitquity LLC

About

UBITQUITY, a blockchain-secured platform for real estate transactions offers a simple user experience for securely recording, tracking, and transferring deeds. The platform prototype was released in March 2016, and the alpha version of the software is slated for a summer 2016 release.

Focus

PRODUCTS & SERVICES

We offer a simple user experience for securely recording, tracking, and transferring deeds with our SaaS (Software-as-a-Service) blockchain platform. We are helping financial institutions, title, and mortgage companies benefit from a reduced title search time, increased confidence, and transparency. We recently launched our B2B (Business-to-Business) platform prototype for secure document storage/integration within and outside the United States and our alpha release will be available summer 2016.

REVENUE MODEL

Our Software-as-a-service (SaaS) platform is evolving and will offer multi-tiered pricing with a cost to record like a traditional municipality currently charges. We’ll have a standard subscription pricing model and optional support fees for customers available as soon as we’re in beta. Currently we’re on-boarding early pilot and alpha users and offering a non-obligation free trial to address pain-points and implement features.

TOP PROBLEM SOLVED

We are helping financial institutions, title, and mortgage companies benefit from a reduced title search time, increased confidence, and transparency with our blockchain real estate platform. We envision a layered approach to the adoption of this technology. The early adopters are going to be parties with the most to gain from efficiency and reduced transaction costs. Mortgage originators and title companies are natural first customer focuses for us. We also have enterprise level financial institutions interested in taking advantage of our custom platform; but with a permissioned blockchain approach.As a company we’re blockchain agnostic and we’re attempting to address real-world needs. Our platform is meant to be a parallel recording and tracking system to the current legacy paper one. When transactions occur all relevant information about the property are put on our platform. While Ubitquity we’re not attempting to verify reliability or accuracy, requiring a trusted human (i.e. county clerk, data entry clerk), as a company we are instead focused on authenticity as well as the immutability of the stored records processed.

PRODUCT DEVELOPMENT STAGE

MARKET TRIAL

PRODUCT DEVELOPMENT COMMENT

We are currently in pre-alpha prototype mode.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small and Medium Business - Online Retail

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CMO: Matt McKibbin

Content Manager: Ariel Deschapell

TCE Solutions Group Inc.: Valerie Thompson

TEAM COMMENT:

Strong work ethic, ability to use their background,skills to help progress our platform,speed up our development time.

BOARD MEMBERS AND ADVISORS:

1. Directors: Nathan Wosnack, CEO; Christian Saucier, CTO; Matt McKibbin, Director of Business Development <br> <BR> 2. Team Members: Valerie Thompson (CPA), CFO (on behalf of TCE Solutions Group) ; Tetiana Bragina (PhD), Crypto Specialist ; Ariel Deschapell, Content Manager ; Johannes Meixner, Systems Administrator <BR> <BR> 3. Advisors: Dr. Michael Frank - PhD (MIT) ; David Duccini (Vires in Numeris) ; Patrick Dugan (Omni Foundation) ; Sam Reynolds (Technology Journalist) ; Blake Anderson (Cryptographic Economist), Marina Reznik, Blake Anderson, Patrick Dugan, Michael Frank, Sam Reynolds

Momentum

FUNDED

NO

LISTED

NO

FUNDING SERIES