SECURE INSIGHT AND ORBIS TECHNOLOGIES COLLABORATE ON BLOCKCHAIN ​​SOLUTIONS FOR DIGITAL MORTGAGE INDUSTRY TRANSACTIONS

Mortgage industry technology leader develops blockchain process to add security to digital mortgage and real estate transactions

Everyone in the mortgage industry – which is where the real money is in real estate – recognizes that all real estate transactions will eventually move to the blockchain.”

— Dr. Malcolm Chisholm

PARSIPPANY, NEW JERSEY, US unions across the country have partnered with Orbis Technologies, Inc., a global leader in content development and management solutions headquartered in Annapolis MD, on a secure blockchain processing technology platform. Orbis is an industry leader in helping companies create exceptional content, such as technical documentation, e-learning, online help, visualizations and training materials, required to compete at the highest level.

Using Secure Insight’s industry-leading database of fully validated, risk-assessed and monitored profiles of lawyers, title agents, escrow officers and notaries engaged in mortgage settlements, the collaboration is developing a platform where Secure Insight’s profiles will sign the security keys for professionals to access their allocated blocks or ledgers in the digital mortgage process.

While still in its infancy, the migration of lenders towards blockchain technology to ensure a fully digitized mortgage loan process is being actively developed by major banks worldwide. In the United States, due to the risks associated with individuals and entities accessing funds, key documents, and non-public personal and financial data for consumers, as well as the risk of unauthorized access to this data, Secure Insight’s ability to instantly identify and validate these . key players is a significant feature within a blockchain-engineered digital lending platform.

Dr Malcolm Chisholm, an Oxford-educated metadata and digital lending expert, opined: “Everyone in the mortgage industry – which is where the real money is in real estate – recognizes that all real estate transactions will eventually move to the blockchain.” He recently wrote a high-profile article on Secure Insight and the future of blockchain in real estate for FastBlocks titled “Fighting Real Estate Fraud on the Blockchain.”

Secure Insight founder Andrew Liput interviewed for that article believes that blockchain is “the inevitable future of all mortgage transactions” and that the transition to this platform is “years, not decades away.”

Orbis Technologies Program Manager Erica Hall stated: “Orbis is delighted to be working with Secure Insight on this forward-looking project. We are already working with several clients to develop blockchain solutions and share Secure Insight’s vision that the future of lending will be on digital platforms secured by blockchain .”

The two companies have already completed the development of a technology roadmap for the solution and are engaged in planning the next steps, including working on strategic partnerships with potential end users of the Secure Insight offering.
For more about Secure Insight, visit www.secureinsight.com.

Orbis Technologies, Inc. is an established global leader in delivering innovative content solutions and professional services to companies ranging from the Fortune 50 to the US Federal Government. Orbis is headquartered in Annapolis, Maryland, with operations in Chennai, India; Torquay, United Kingdom; and Sydney, Australia. For more on Orbis Technologies, visit www.orbistechnologies.com.

To read Dr. Malcolm Chisholm’s recent article on blockchain in the real estate industry, visit https://lnkd.in/eyspzdAH.

Andrew Liput
Safe insight
[email protected]
Visit us on social media:
LinkedIn

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *