To finish off the year and decade strong, in Q4 2019, Ubitquity expanded to South East Asia when it announced a development partnership with E-Title Cambodia.
The system will allow for purchasers of property to check the status of titles, load data, and use smart contracts for the property conveyance process.
The expansion into this new market with E-Title Cambodia demonstrates the flexibility and adaptability of Ubitquity.
It will bring big benefits to the real estate development business, especially in emerging markets like Cambodia.
In early 2020 Ubitquity will be building a Car Park management system for solving Cambodia’s condominium parking lot dilemma of defining ownership.
Via a token product, tenants will be able to stake a claim of ownership on their parking lot or assign it to someone else via a smart contract.