Vermont Launches Blockchain Pilot to Record Real Estate Transfers

January 30, 2018

Propy has launched a project in collaboration with the City Clerk's Office of South Burlington, Vt., to utilize blockchain technology to record real estate conveyance documents. In 2016, the state's legislature released results of a report that concluded the costs and challenges associated with the use of blockchain technology for the state's public recordkeeping outweighed the benefits.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.