Ubitquity Signs Letter of Intent with Fort Galt — Startup Town for Digital Entrepreneurs in Chile

FOR IMMEDIATE RELEASE

Valdivia, Chile — May 22, 2019 — Ubitquity LLC, the enterprise-ready blockchain-secured platform for real estate and title recordkeeping, is pleased to announce that it has signed a Letter of Intent with Fort Galt, an internationally-focused residential community for online entrepreneurs and independent businesspeople in the south of Chile, to register sales of land and housing on the blockchain.

People interested in living at Fort Galt are able to purchase parcels of land or an existing pre-made house and pay via cryptocurrencies like Bitcoin. The parcels come with title of ownership and membership in the Fort Galt community, which entitles the owners to use of all common areas such as roadways and a park. All transaction records as well as property title will be recorded onto the blockchain via Ubitquity’s parallel unanimity℠ platform and API.

For more information on the Fort Galt society please visit:

https://www.fortgalt.com/

For more information on Ubitquity’s SeedInvest campaign please visit: https://www.seedinvest.com/ubitquity/seed. Their site is available at https://www.ubitquity.io.