Blockchain and real estate technology provider Ubitquity announced the completion and launch of its CipherBPA (business process automation) add-on tool for the NFTitle Network.
CipherBPA offers integration into almost all workflows via API, which leaders say marks a significant advancement in the automation of real estate titles, property records and other verticals such as vehicle and private aircraft titles.
“The launch of the CipherBPA add-on for NFTitle Network represents a monumental step forward for our company and the industries we serve,” Ubitquity CEO and founder Nathan Wosnack said in a release. “The ability to automate the entire process, from data submission to NFT minting on the NFTitle Network as well as secure storage on InterPlanetary File System and Google Cloud Platform, without manual intervention, is a testament to our commitment to innovation and efficiency.”
CipherBPA is designed to streamline operations, allowing business-to-business customers to send real estate title, property records or other vertical-specific data. The data is then minted as an NFT on the NFTitle Network and securely stored using the InterPlanetary File System and Google Cloud platform.
In addition to launching CipherBPA, Ubitquity announced the NFTitle Network has reached a milestone of 2 million real estate records minted, recorded, and stored.
“Reaching 2 million real estate records on the NFTitle Network is a testament to the trust and confidence our clients place in our platform. This achievement highlights the scalability and reliability of our solutions, further solidifying our position as a leader in the Real World Assets web3 space,” Wosnack added.