The county has signed a five-year partnership with real estate infrastructure firm Balcony to digitize and tokenize its entire real estate deed system on the Avalanche blockchain. This initiative will migrate over 370,000 property records, approximately $240 billion in real estate, on-chain, marking what Avalanche describes as the largest blockchain deed tokenization project in U.S. history.
Source: Inman News
Historic $240B blockchain deed project launches in New Jersey
Published in avalanche, balcony, Bergen County, blockchain, Blockchain and its impact on real estate, Camden, Consumer Transparency, corporate transparency, Deed Tokenization, digital public records, Digital Transformation, Fort Lee, Gregg Lester, inman, john hogan, Morristown, new jersey, New Jersey real estate, News Brief, orange, Property deeds, public records, san diego, Select and Technology
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