🇺🇸 New Jersey Tokenizes $240B in Real Estate Data 🔺
Balcony has signed a five-year agreement with Bergen County (New Jersey) to migrate over 370,000 real estate records to the blockchain using AvaCloud on Avalanche.
The project comes amid a surge in ransomware attacks targeting local governments, which have already cost 23 municipalities in New Jersey over $1 million in losses.
🚀 This move shows massive real-world adoption of blockchain tech — and it's just the beginning. Keep an eye on Avalanche ($AVAX) and related projects — the potential here is huge.
👉 Are you already in, or still watching from the sidelines?