Bitland and Ubitquity LLC contributing to terminology database for ISO/TC307 on Blockchain and Distributed Ledgers

Ubitquity LLC is excited to be participating (along with their partners at Bitland) in the International Organization for Standardization (ISO) Technical Committee 307 (ISO/TC307) on Blockchain and Distributed Ledgers in collaboration with our industry partners at Blockchain@UBC (University of British Columbia). Blockchain@UBC continues to lead the development of a Terminology Database, which supports international efforts to arrive at a common understanding of blockchain concepts and terms.

The Terminology Database will use the InterPARES Trust Terminology Database as the platform. Blockchain@UBC founder Victoria L. Lemieux [B.A. (Toronto), M.A.S. (UBC), Ph.D. (UCL), CISSP Associate Professor] is attending the first meeting of the international TC307 in Sydney, Australia at the beginning of April.

Through Blockchain@UBC’s leading efforts, along with input from blockchain property recording leaders and pioneers, Bitland and Ubitquity LLC (among other contributors), the definitions will help advance discussions on standards, and will build a recognized international terminology database supporting international standardization in an effort to improve the entire blockchain ecosystem.

About Bitland

Bitland.World exists to provide the backbone in the effort to unlock land capital through the democratization of real property ownership utilizing leading edge technology. As the pilot project is working out of Kumasi, Ghana the team is looking to expand their reach further into the African continent. As the organization grows, they look to build infrastructure in developing countries to potentially unlock billions of dollars in untapped property rights. Bitland has completed their alpha build, and hopes to complete the beta by Q3 of 2017.

About Ubitquity LLC

UBITQUITY, a blockchain-secured platform for real estate recordkeeping offers a simple user experience for securely recording, and tracking of deeds. The company is partnered with academia, and US title companies. A private alpha version (1.1) of their platform is now available for select e-recording, municipalities, and title companies.