🤯 This County Just Tokenized $240 BILLION in Real Estate!
Bergen County, New Jersey is making headlines! 🚀 They're teaming up with Balcony to put a whopping 370,000 property deeds on the Avalanche blockchain. This move aims to slash deed processing times by 90% and minimize fraud risks. 🔥
Imagine a world where property records are tamper-proof and easily searchable! Balcony is also working with other New Jersey counties like Camden and Orange, hoping to modernize their systems too. Orange County apparently lost nearly $1 million due to outdated records! 💥
With approximately 460,000 deeds already tokenized in New Jersey, this could be a game-changer for real estate. It shows how blockchain is stepping in to solve real-world problems and bring efficiency to government operations! ⚡️
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