Alliances and Partnerships, Business, e-Commerce, Free News Articles, Software, Sports and Activities

TeamSnap and FlipGive Sign Landmark Partnership in an Effort to Make Youth Sports More Affordable

BOULDER, Colo. -- TeamSnap, the household name in integrated sports management, and FlipGive, a trusted platform for youth sports fundraising, announced a joint partnership in a combined effort to make youth sports more affordable for families.

With the new partnership, TeamSnap will integrate FlipGive's innovative team funding tool across its industry-leading platform. TeamSnap is the go-to team management source with more than 20 million athletes, parents, coaches and club administrators leveraging its easy-to-use apps and software every day.

"The high and growing costs associated with youth sports are a major stress point for families. We are seeing that more and more families are forced to opt their children out of sports altogether," said TeamSnap co-founder and CEO Dave DuPont. "Partnering with FlipGive is one step we're taking to raise awareness and improve this top issue facing youth sports. FlipGive offers an innovative and easy way for TeamSnap users to raise funds for teams and athletes simply by leveraging their everyday purchases."

Through FlipGive, teams, athletes and supporters earn cash when they shop for groceries, gas, clothes, equipment, meals out, travel and more. With over 700 top-name retailers, including Starbucks, Amazon, Hotels.com and Walmart, groups can easily raise money through their everyday spending.

"Families are forced to sacrifice so much so that their kids can have access to a sport they love" said Mark Bachman, co-founder and CEO, FlipGive. "TeamSnap's close connection to sports teams and families, along with its unmatched reach, make them the perfect partner to help us accomplish our goal of raising $100 million for youth sports teams over the next five years."

Since its launch, FlipGive has helped teams and groups raise more than $20 million.

Teams interested in fundraising with FlipGive can visit teamsnap.flipgive.com. To learn more about partnering with TeamSnap, visit TeamSnap for brands.

About TeamSnap:

Founded in 2009 and headquartered in Boulder, Colorado, TeamSnap has taken the organization of youth, recreational and competitive sports into the 21st century. 20 million coaches, administrators, players and parents use TeamSnap to sign up, schedule, communicate and coordinate everything for the team, the club and the season. TeamSnap makes organizing sports as simple as click, tap and go. For more information, visit https://www.teamsnap.com/.

About FlipGive:

FlipGive is a free team funding app that makes raising money a breeze. Teams earn cash when they shop for groceries, gas, clothes, equipment, meals out, travel and more. Over $20M has been raised by groups, simply from their everyday spending. Founded in 2016, FlipGive is headquartered in Toronto. For more information, visit https://www.flipgive.com/.

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Business, e-Commerce, Free News Articles, Manufacturing, Transportation

Capacity LLC Accelerates Fulfillment for Clients with 20 Million Orders Processed

NORTH BRUNSWICK, N.J. -- Capacity LLC, trusted leaders in order fulfillment, e-commerce, and EDI solutions, has confirmed that it passed another significant fulfillment milestone during the 2018 peak season, as the company processed its 20 millionth order.

The order that pushed Capacity over the mark was, appropriately enough, shipped to a customer of Capacity's long-term cosmetics client, Tarte. Founded around the same time as Capacity by the iconic Maureen Kelly, Tarte Cosmetics ( https://tartecosmetics.com/en_US/home ) has played a pivotal role in the fulfillment company's continued growth.

Operating across business sectors worth tens of billions of dollars in the U.S. alone, Capacity is home to some of the most vibrant brands in beauty, health, and lifestyle. Every order shipped fulfills a promise to delight the fans of these clients, which makes 20 million of them more than a milestone. For the team at Capacity, it literally means millions of satisfied customers.

"We owe this achievement - and indeed our longevity - to the remarkable success of our clients and the dedication of our employees," says Thom Campbell, Chief Strategy Officer and co-founder of Capacity.

"From day one, when it was not uncommon to see team members spend nights on the office floor, to the precision-engineered fulfillment solutions we have in place today, Capacity has experienced a lot over those 20 million orders! Our clients know that our passionate, experienced team members are the last to touch their products before they reach an excited customer, which is why they put their brands in our hands."

About Capacity LLC:

Since 1999, Capacity LLC has offered expert order fulfillment services, warehousing, value-added services, assembly services, and technology solutions to businesses nationwide. Capacity LLC provides a bicoastal fulfillment solution, from four facilities in North Brunswick, N.J., and a fifth in City of Industry, Calif. These strategic locations on both coasts allow for reduced transit times, cost-effective shipping, and more flexible transportation solutions. All five facilities are close to the major ports of Los Angeles/Long Beach and Newark/New York.

Capacity LLC is cGMP certified, operates FDA registered facilities, and is NJ and CA State Board of Health approved food grade. Capacity LLC provides domestic and international distribution to companies of all sizes, from startups to household name brands who ship around the world.

Learn more: https://www.capacityllc.com/

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Alliances and Partnerships, Business, e-Commerce, Free News Articles, NonProfit and Charities, Software, Sports and Activities

TeamSnap Partners with Washington Youth Soccer

TUKWILA, Wash. -- TeamSnap, the household name in integrated sports management, announced today it has partnered with Washington Youth Soccer (WYS), the governing body for all levels of youth soccer in Washington state.

The new partnership makes TeamSnap the official team and sports organization management platform of WYS. This includes supporting more than 105,000 players, coaches and volunteers across 29 member associations and more than 250 recreational, select and regional clubs.

As the industry leader, TeamSnap has become the must-have platform for more than 20 million coaches, administrators, parents and players. Its innovative sports management technology will be the official platform for all WYS clubs, delivering integrated solutions for communication, scheduling, payment collection, website creation and hosting. Additionally, affiliated teams will have access to TeamSnap's number one sports management app for coaches, team managers, parents and players.

"TeamSnap has a sterling reputation and is already the number one team management choice for soccer coaches and clubs across Washington," said Terry Fisher, Washington Youth Soccer CEO. "Solidifying a partnership with TeamSnap enables our member organization access to the industry's top integrated platform at both the team-level and club-level. Ultimately, the partnership will streamline operations for administrators, coaches and managers - allowing us all to focus on development of our players."

TeamSnap will work closely with Washington Youth Soccer to support its mandate of bringing training, development and age-appropriate soccer opportunities to youth across the state including its acclaimed Elite Player Development (EPD) program.

"Soccer has been a huge driver for TeamSnap's growth, and Washington's passionate and tech-savvy soccer community has been a leader in leveraging technology to help foster development on the field," said TeamSnap co-founder and CEO Dave DuPont.

"Creating a more meaningful partnership with Washington Youth Soccer will positively impact thousands of administrators, coaches and participants, simplifying the planning and organization that goes into every season."

WYS member associations and clubs can visit TeamSnap for more information.

About Washington Youth Soccer:

Washington Youth Soccer is a nonprofit organization bringing soccer opportunities at all levels of the game to kids ages 5-19 across the state. Our organization is comprised of 29 Member Associations and over 250 clubs that facilitate recreational, select and regional programs as well as TOPSoccer (soccer programming for players with disabilities). Additionally, we run four annual State Cup Tournaments, state level leagues, an Elite Player Development program, and several soccer outreach programs. More information: http://www.washingtonyouthsoccer.org/.

About TeamSnap:

Founded in 2009 and headquartered in Boulder, Colorado, TeamSnap has taken the organization of youth, recreational and competitive sports into the 21st century. 20 million coaches, administrators, players and parents use TeamSnap to sign up, schedule, communicate and coordinate everything for the team, the club and the season. TeamSnap makes organizing sports as simple as click, tap and go.

For more information, visit https://www.teamsnap.com/.

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Business, e-Commerce, Free News Articles, Software

Deal-closing tool, heymate, adds new board member and two strategic advisors

ZUG, Switzerland -- heymate, the portable deal-closing tool, which allows workers in the gig economy to create, negotiate and settle offer-for-work contracts in under 20 seconds on any non-transactional marketplace, proudly announced the appointment of a new board member and two strategic advisors.

The new strategic advisors and the board member, who are also investors, will help guide heymate through its public launch, provide connections with their wide and diverse equity investor networks and support the scalability of the platform as it reaches a global audience over the next two years.

"To prepare for heymate's next stage of growth, we needed intellectual firepower that would help us in tech-ops, business scaling, international go-to-market initiatives, and corporate governance," said heymate's CEO and founder, Philipp Toth.

Heymate's new Board of Directors member:

Dr. Matteo Maccio
Dr. Matteo Maccio is the Chief Financial Officer and Executive Committee member of Falcon Private Bank, a leading Swiss wealth manager and the first private bank in Switzerland to provide institutional crypto-asset management solutions. Besides being an experienced angel investor, Matteo has held various senior management positions at several Swiss banks, such as CFO, Chief Risk Officer, and Chief Accountant.

"I personally admire his deep understanding of accounting, tax and capital market rules - a very important value-add to the corporate governance of a Swiss AG with significant growth ambitions," Toth said, when welcoming Dr. Matteo Maccio to his Board of Directors.

Heymate's new strategic advisors:

Alain Kunz
Alain Kunz is the CEO and founder of the Swiss Crypto Valley embedded TokenSuisse AG, a leading European provider for crypto asset investment solutions. He is an expert in blockchain venture investing and has international clients, including institutional asset advisors, family offices, commercial and private banks, as well as Ultra High Net Worth individuals.

"With his vast network as well as his passion for deep-tech businesses Kunz will have a high impact on our joint venture ambitions and equity placement activities," Toth said.

Saeed Gouda
Saeed Gouda, the managing partner at Berlin- and Zug-based ZEOS CAPITAL, is a serial entrepreneur with international success in scaling tech companies, specializing in e-commerce, m-commerce, and blockchain. Two mobile marketplace companies that he founded were acquired by Rocket Internet and Carousell. He also led DeliveryHero's international pre-IPO growth.

"Gouda's tremendous company building experience and global network in the digital marketplace sector will be highly instrumental to heymate's growth," Toth said.

About heymate:
Heymate aims at bringing gig-economy micro-entrepreneurs the flexibility they want while securing their revenue. The heymate platform helps to simplify and formalize deal terms and conditions, manage escrow payment and resolving disputes, all while offering an ecosystem of services such as getting short-term and on-demand insurance, micro-loans, etc., to support micro-entrepreneurs as they grow.

Website: https://heymate.works

Saeed Gouda - https://www.linkedin.com/in/saeedgouda/
Alain Kunz - https://www.linkedin.com/in/alainkunz/
Dr. Matteo Maccio - https://www.linkedin.com/in/mmaccio/

Editorial note: "heymate" is spelled with a lower-case "h" unless at the start of a sentence.

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Business, e-Commerce, Free News Articles, Software

NotaryCam, Stewart Title Execute First Complete Purchase and Sale Mortgage Transaction via Remote Online Closing in Virginia

NEWPORT BEACH, Calif. -- NotaryCam(R), the leader in online notarization and the original provider of mortgage eClosing solutions, today announced it has completed the first remote online closing (ROC) for a purchase and sale transaction in Virginia in conjunction with Stewart Title(R). Using NotaryCam's eClose360(R) platform, Stewart Title facilitated both sides of the eClose transaction between the buyer and seller, marking the first time that both parties to one transaction completed their portion of the closing remotely.

"Virginia was a pioneer in the adoption of remote online notarization legislation, which serves as a key component to the ROC process," said NotaryCam Founder Rick Triola. "NotaryCam foresaw the need for home buyers and seller to be able to complete the closing process remotely years ago, and in working with forward-thinking industry partners like Stewart Title, we've been able to steadily increase the number of ROC transactions under our belt since our first in 2012, now exceeding 130,000 transactions."

eClose360 by NotaryCam provides lenders and title/closing agents with a secure, online closing room for remote online closings. Users can upload closing documents, meet with signers and return fully executed and compliant documents within an hour. The platform also records the entire transaction, providing closing agents and lender with verifiable proof that the transaction was completed in accordance with all relevant laws and regulations and with the signers' full understanding and intent.

"Stewart continues to innovate and leverage technology to simplify the complex closing process, allowing customers to now close faster and more securely, anywhere, at any time," said Scott Gillen, Senior Vice President, Industry Relations, Stewart Title. "NotaryCam gives us an added advantage to meet our customer needs by providing a fully digital closing solution that saves everyone time and money, and ultimately enhancing the customer experience."

About Stewart:

Stewart Information Services Corporation (NYSE:STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers(TM) and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction.

At Stewart, we believe in building strong relationships - and these partnerships are the cornerstone of every closing, every transaction and every deal. Stewart. Real partners. Real possibilities.(TM) More information is available at https://www.stewart.com/, subscribe to the Stewart blog at blog.stewart.com, or follow Stewart on Twitter(R) @stewarttitleco. Trademarks are the property of their respective owners.

About NotaryCam:

After pioneering the world's first remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam in 2012, and shortly thereafter, the company completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states.

The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Twitter: @NotaryCam @stewarttitleco

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Business, e-Commerce, Free News Articles, Software, Sports and Activities

TeamSnap Appoints New Leader to Expand its Fast-Growing Payments Platform

BOULDER, Colo. -- TeamSnap confirmed today the company will be expanding its popular payments solutions platform to better serve the growing demand from sports and recreation clubs, leagues and teams. Effective immediately, TeamSnap Payments will be a core pillar on the leading sports management platform.

To manage the expansion, finance executive, Becky Kopplin, has been appointed as the company's Vice President of Payments. In the newly created role, Kopplin will lead TeamSnap Payments with a mission to drive new partner relationships and expand the platform in all capacities to better serve new clients across all sports.

Since launching earlier this year, there has been an overwhelming response to TeamSnap Payments within the TeamSnap for Clubs & Leagues platform. Users have turned to TeamSnap to streamline invoicing and day-to-day transactions throughout the season. Regardless of how big or small the organization is, TeamSnap is effectively managing payments for everything from mid-season dues and tournament fees to uniforms and extra facility time.

The expanded functionality of TeamSnap Payments is set to be rolled out to coaches and team managers this month. Teams will be able to access the new feature directly within the popular TeamSnap iOS and Android app.

"Being able to leverage TeamSnap for payments has been a huge differentiator for amateur and youth sports teams," said TeamSnap co-founder and CEO Dave DuPont. "As we make a strategic push to expand TeamSnap Payments, we are thrilled to have a passionate leader like Becky with extensive expertise in this field to lead the way in making Payments a pillar of the platform for years to come."

An accomplished payments executive, Kopplin brings to TeamSnap more than 15 years of payment processing expertise. She has managed over $8 billion in annual payments processing across more than 20 integrated SaaS platforms.

"There was obviously a need for a simple turnkey solution for teams, clubs and leagues to collect money and make payments," said Kopplin. "TeamSnap's commitment to making life easier for youth and amateur sports administrators and coaches is unmatched, and I can't wait to lead the effort in expanding our platform and making the stress of payments a thing of the past."

About TeamSnap:

Founded in 2009 and headquartered in Boulder, Colorado, TeamSnap has taken the organization of youth, recreational and competitive sports into the 21st century. Nearly 20 million coaches, administrators, players and parents use TeamSnap to sign up, schedule, communicate and coordinate everything for the team, the club and the season. TeamSnap makes organizing sports as simple as click, tap and go.

For more information, visit https://www.teamsnap.com/.

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Business, e-Commerce, Free News Articles, Product Launches, Software

Cloudvirga announces live from the Digital Mortgage conference stage its Mobile POS product

LAS VEGAS, Nev. -- Cloudvirga(TM), a leading provider of digital mortgage software, today announced its Cloudvirga Mobile POS, a mobile-first mortgage point-of-sale solution tuned to serve the needs of loan originators and homebuyers in a purchase mortgage market.

Backed by the same intelligent mortgage engine that powers Cloudvirga's award-winning Enterprise POS, the Mobile POS allows loan originators to collaborate with borrowers and real estate agents seamlessly and from any web-enabled device. Task automation, built-in workflows and event-driven reminders keep the loan process moving at all times to boost originator productivity.

Loan officers and brokers can configure the borrower experience on a per-loan basis with in-app options such as:
* A customized Form 1003 application (streamlined or full)
* Configurable credit check capabilities (soft, full or none)
* A fully customizable needs list
* Configurable electronic asset verification.

Any mobile web browser delivers on-the-go access to loan details, documents and milestones for borrowers, home builders and real estate agents. Loan officers and brokers also have access to a dedicated mobile app. Directed workflows and event-driven notifications keep borrowers focused on their key tasks, speeding completion of the loan application, and live collaboration features give borrowers instant access to the experience and advice of their loan officer or broker.

"Automating bits and pieces of a broken mortgage process is like putting a Band-Aid on a bullet wound. Cloudvirga is different; we reinvent the mortgage process first, then automate it," said Cloudvirga CEO Michael Schreck. "Our intelligent mortgage engine is our customers' secret weapon, and we're proud to make it available on-demand in a mobile-first format that suits the busy lives of originators and borrowers, particularly in this purchase mortgage market."

Schreck announced the new product from the stage of Digital Mortgage 2018, where Cloudvirga was a platinum sponsor. For more information about Cloudvirga Mobile POS, visit https://www.cloudvirga.com/products/mobile-pos/.

About Cloudvirga(TM)

Cloudvirga's digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform(r), uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.

For more information, visit http://www.cloudvirga.com or follow Cloudvirga on LinkedIn.

*LOGO for media: Send2Press.com/300dpi/18-0917s2p-cloudvirga-300dpi.jpg

@Cloudvirga #digmortgage18 #mobilePOS

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Business, e-Commerce, Free News Articles, Product Launches, Software

‘Easy as a handshake’ deal closing-platform, heymate, launches testable alpha version, Sept. 5, 2018

ZUG, Switzerland -- Heymate, a deal-closing platform which will allow micro-entrepreneurs to easily create, close and administer secure professional contracts within 20 seconds, launched their testable product on Sept. 5, 2018, available via invitation on Android and iOS smartphones. The heymate app is the first product of the heymate platform, which is operated by Blockchain Applications AG.

Heymate (*note 1) is a mobile app for the global gig economy that offers freelancing micro-entrepreneurs (e.g., millennials, part-timers, retirees, etc.) a deal-closing tool that allows them to create, advertise and close on professional-quality offers for work or goods to be sold/rented.

Currently, micro-entrepreneurs in the "help wanted" or "for sale or rent" ecosystem have to rely on slow and outdated methods of terms and conditions negotiations, such as phone calls or emails, for their work. The mobile app will streamline this planning process for micro-entrepreneurs by integrating offer terms and negotiation into an easy to manage and understand e-contract. Once both parties agree to the terms, the deal is closed, stored on the blockchain and becomes a legally enforceable peer-to-peer contract.

"Heymate's goal is to make peer-to-peer deal-closing as simple and trustful as the good-old fashioned handshake," said heymate's founder and CEO, Philipp Toth.

The heymate app also guarantees micro-entrepreneurs are paid for their work. According to a study by Tipalti (*note 2), 73 percent of micro-entrepreneurs would be willing to leave a marketplace due to issues with receiving on-time and correct payment for their work. Heymate protects its users by escrowing payments upon contract agreement, ensuring that once the legally binding terms and conditions agreed upon by both parties are met, the predetermined payment will be sent to the worker on time.

Once the app has developed its customer base, heymate plans to integrate a variety of worker benefits, such as insurances, loans, etc., for key partners to offer their independent contractors. The platform plans to become the place where independent workers go to seek offers for any type of service that can be advertised or consumed. Heymate will also offer these benefits to workers who engage with large managed markets, such as Uber or Lyft, which have been increasingly pressured to offer benefits to their independent contractors.

The product will officially launch as a free-to-use open beta on Apple and Android app stores in Q1, 2019.

About heymate:

Heymate aims at bringing gig-economy micro-entrepreneurs the flexibility they want while securing their revenue. The heymate platform helps to simplify and formalize deal terms and conditions, manage escrow payment and resolving disputes, all while offering an ecosystem of services such as getting short-term and on-demand insurance, micro-loans, etc. to support micro-entrepreneurs as they grow.

The heymate mobile app is the first product of the heymate platform, operated by Blockchain Applications AG. With it, 100 million people will be able to do business for the first time, and everyone else will be able to close a deal 100 times faster.

Website: https://heymate.works

(*note 1) "heymate" is spelled with a lowercase "h"
(*note 2) Report of Gig Economy Workers Finds Payment Satisfaction Problematic for Global Marketplaces: http://info.tipalti.com/20180424-Email-FreelancerReport_05.SSDownloadPage.html

*PHOTO link for media: Send2Press.com/300dpi/18-0910s2p--heymate-at-CFC-SF-300dpi.jpg
*Photo Caption: heymate CTO, Frank Hartmann talking about the heymate platform with Eric Van der Kleij at the Crypto Finance Conference in San Francisco.

*VIDEO (YouTube): https://youtu.be/ey79DCYHYjs

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e-Commerce, Free News Articles, Real Estate, Software

SafeChain Completes First Official Real Estate Blockchain Transaction in the U.S.

COLUMBUS, Ohio -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has successfully facilitated the sale of 36 forfeiture properties via blockchain. The transactions, which were completed on Tuesday in partnership with the auditor's office in Franklin County, Ohio, marks the first instance in the U.S. of a state government using blockchain to legally record the transfer of property deeds.

"To have Franklin County lead the nation in blockchain adoption for real estate transactions is one of the crowning achievements of my tenure as Auditor, but this transaction is just the beginning," Franklin County Auditor Clarence Mingo said. "Too often, government services are inefficient and out-of-touch with current technology, resulting in wasted tax dollars and a poor experience. The constituents of Franklin County deserve better, which is why the Auditor's Office has set a goal to move 100 percent of Franklin County's property records to blockchain and begin testing the technology to decentralize all county records and systems to create a more streamlined, efficient and secure process for delivering these services to the local community."

The recorded properties were sold at auction by the auditor's office. After the deeds are awarded to the winning bidders, all relevant property information is transferred to blockchain and assigned a barcode, which is then attached to the deed so that the property's information can be accessed via blockchain.

"Blockchain will transform the real estate industry. There's no doubt about it, and the earlier entities get on board, the more they stand to gain in terms of security and efficiency," said Tony Franco, CEO of SafeChain. "Starting with something as relatively straightforward as property transfers, blockchain creates a decentralized, near-perfect audit trail that can never be lost or stolen. Eliminating that risk opens the door to completely changing how properties are bought and sold in the U.S., and those changes will ultimately be to the consumer's benefit, as well as the real estate industry's as well."

In addition to its partnership with Franklin County, SafeChain is also working with officials in Washington and Perry counties as part of a larger, state-wide push to adopt blockchain. In June 2018, Ohio state legislators signed Senate Bill 220 into law, which added blockchain as a legally-recognized electronic transaction in the state.

As Ohio House Speaker Ryan Smith noted in an August 23, 2018 article for The Columbus Dispatch, "This is so new and just starting to take shape that we can position Ohio out front and, most importantly put it out in a way that gives our kids...an opportunity to stay in Ohio and not have the brain drain to the West Coast. It's a great opportunity for Ohio to really start the economic engine on a different perspective."

"As an Ohio-based company, we are deeply invested in not only making Ohio a top-of-mind destination for top technology talent, but we are also honored to help lead the charge to make Ohio one of the most technologically-advanced states in the nation," Robert Zwink, CTO of SafeChain said. "In addition to moving property records to blockchain, we're also working with title companies to eliminate wire fraud in real estate transactions using our platform SafeWire, thus adding an additional layer of security and efficiency to the real estate process."

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence.

For more information visit: https://www.safechain.io/.

*VIDEO (YouTube):
https://youtu.be/0x6JVvd9g-E

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e-Commerce, Free News Articles, Real Estate, Software

SafeChain Completes First Official Real Estate Blockchain Transaction in the U.S.

COLUMBUS, Ohio -- SafeChain, the industry leader in wire fraud prevention software for land title, announced today it has successfully facilitated the sale of 36 forfeiture properties via blockchain. The transactions, which were completed on Tuesday in partnership with the auditor's office in Franklin County, Ohio, marks the first instance in the U.S. of a state government using blockchain to legally record the transfer of property deeds.

"To have Franklin County lead the nation in blockchain adoption for real estate transactions is one of the crowning achievements of my tenure as Auditor, but this transaction is just the beginning," Franklin County Auditor Clarence Mingo said. "Too often, government services are inefficient and out-of-touch with current technology, resulting in wasted tax dollars and a poor experience. The constituents of Franklin County deserve better, which is why the Auditor's Office has set a goal to move 100 percent of Franklin County's property records to blockchain and begin testing the technology to decentralize all county records and systems to create a more streamlined, efficient and secure process for delivering these services to the local community."

The recorded properties were sold at auction by the auditor's office. After the deeds are awarded to the winning bidders, all relevant property information is transferred to blockchain and assigned a barcode, which is then attached to the deed so that the property's information can be accessed via blockchain.

"Blockchain will transform the real estate industry. There's no doubt about it, and the earlier entities get on board, the more they stand to gain in terms of security and efficiency," said Tony Franco, CEO of SafeChain. "Starting with something as relatively straightforward as property transfers, blockchain creates a decentralized, near-perfect audit trail that can never be lost or stolen. Eliminating that risk opens the door to completely changing how properties are bought and sold in the U.S., and those changes will ultimately be to the consumer's benefit, as well as the real estate industry's as well."

In addition to its partnership with Franklin County, SafeChain is also working with officials in Washington and Perry counties as part of a larger, state-wide push to adopt blockchain. In June 2018, Ohio state legislators signed Senate Bill 220 into law, which added blockchain as a legally-recognized electronic transaction in the state.

As Ohio House Speaker Ryan Smith noted in an August 23, 2018 article for The Columbus Dispatch, "This is so new and just starting to take shape that we can position Ohio out front and, most importantly put it out in a way that gives our kids...an opportunity to stay in Ohio and not have the brain drain to the West Coast. It's a great opportunity for Ohio to really start the economic engine on a different perspective."

"As an Ohio-based company, we are deeply invested in not only making Ohio a top-of-mind destination for top technology talent, but we are also honored to help lead the charge to make Ohio one of the most technologically-advanced states in the nation," Robert Zwink, CTO of SafeChain said. "In addition to moving property records to blockchain, we're also working with title companies to eliminate wire fraud in real estate transactions using our platform SafeWire, thus adding an additional layer of security and efficiency to the real estate process."

About SafeChain:

SafeChain makes real estate transactions safer and simpler. Built by real estate title experts in collaboration with banking technologists, SafeChain tackles the inefficiencies of the buying and selling process from the inside-out to help title companies, mortgage bankers and realtors decrease costs and deliver a better experience for customers. Leveraging the most advanced technologies, including blockchain, SafeChain increases the speed and security of closings to deliver faster transactions and better consumer confidence.

For more information visit: https://www.safechain.io/.

*VIDEO (YouTube):
https://youtu.be/0x6JVvd9g-E

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