Ubitquity LLC, a blockchain-secured platform for real estate transactions, has announced the appointment of Avi Spielman to its growing advisory board.
Spielman is founder and president of Joon Properties, a Nashville-based boutique real estate development company. He is an alumnus of the MIT Center for Real Estate (‘16) and also an active angel advisor, working with start-ups in blockchain, angel investing, and curated events.
Currently, Spielman is serving as associate editor of the Harvard Real Estate Review, vice-president of MIT AACRE, and board member of Vanderbilt Hillel. His thesis, “Blockchain: Digitally Rebuilding the Real Estate Industry” won the prestigious Govan Entrepreneurship Award from the MIT Center for Real Estate.
"Avi has shown a strong commitment and support to our start-up, as well as the entire blockchain-real estate community, through prolific engagement with events at the MIT Center for Real Estate,” said Nathan Wosnack, Founder and President of Ubitquity, “Avi’s technical and real estate background within this new but growing area of business made him a perfect choice for an advisory role. We all share his commitment and unwavering excitement for distributed ledger technology.”
Ubitquity is providing an original record of recording data on its Software-as-a-Service (SaaS) platform, which enables users to add data to the system so complete history of ownership and search can always be traced using the immutability of the blockchain.
"There's been a lot of discussion around real estate and blockchain" added Spielman, "but since I started researching this field, Ubitquity has been one of the few companies taking action to make blockchain and real estate a reality. I’ve enjoyed working with Nathan and his team over the past year, witnessing them perform the first real estate transaction ever recorded on the blockchain, and look forward to furthering our beliefs together."
According to the official release, Ubitquity is currently working with real estate and title professionals, along with land registry/data management, modular home companies who are piloting and providing guidance and feedback. The startup is also in contact with title insurance companies, academia, and state representatives within the United States to discuss piloting its new SaaS based blockchain platform.