New deal to improve efficiency, cost and peace of mind for home owners worldwide
Through the planned collaboration, EZ NFT will support Matrix Mortgage Global in their shared vision of digitizing the mortgage process on the blockchain, by building a system to mint key real estate documentation including mortgage deeds, identification, appraisals and inspection reports as NFTs. As a result, the documentation will be rendered proven, immutable and non- fungible.
In the first world, the transition of physical documentation to NFT form will enhance efficiency and reduce fees while providing improved access to critical players in real estate transactions. The benefits will be even greater in other geographies where NFT documentation will provide lasting, uncontested proof of ownership – mitigating genuine risks of forgery, corruption, theft, damage and loss.
“Moving mortgage documentation to the blockchain is a step in the right direction and will certainly open the door to many other applications in the space,” said Allen. “Realizing our vision requires a strong and credible partner with a depth of NFT experience and capability. As the first publicly traded company in the NFT space, EZNFT’s professionalism, reputation and existing capability position them as the ideal partner for us in this exciting endeavour.”
“I’m energized by the potential for our engagement with Matrix Mortgage Global,” added Korus. “In an industry ripe for disruption, they were the first mortgage lender in North America to accept cryptocurrency for home down payments. Now they are taking their leadership a step further by transitioning critical mortgage documentation to the blockchain.”
More detail about the planned partnership will be announced in the coming weeks.
About Matrix Mortgage Global
Matrix Mortgage Global has championed alternative lending in Canada since 2008. With a strong infrastructure and innovative lending products, Matrix Mortgage Global played a critical role in navigating Canadian borrowers through the 2008 Global Financial Crisis. Currently Matrix Mortgage Global is a hub that assist Canadians by providing access to financial resources key to navigating the Global Pandemic.
Matrix Mortgage Global, the reigning four-time Brokerage of the Year provides a solution-based lending approach with many out the box financing options geared to keep pace with the rapidly changing lending landscape. With over $1.5B in mortgage originations and a diverse suite of mortgage and investment solutions, Matrix has revolutionized the accessibility of alternative and private funds in Canada. Matrix Mortgage Global is the first mortgage company to accept crypto currency for mortgage transactions in North America. As a major stakeholder in the Canadian mortgage landscape Matrix Mortgage Global advocates for Canadian borrowers at all levels of government.
About Wee-Cig International Corporation Wee-Cig International Corporation is a publicly traded holding and acquisition company (WCIG) with a particular talent in identifying top tech companies in emerging markets and helping them get to the next level. Constantly scouring the technology landscape to find the best investment opportunities, Wee-Cig targets companies that capitalize on unique opportunities by leveraging extensive, decades long industry relationships and management expertise. For more information, visit: https://weecigcorp.com/ |
About the EZ365 Ecosystem |
EZ365 leverages the transparency and immutability of blockchain technology to break down barriers to owning digital assets and unleash the vast growth potential of the NFT, online gaming industry and the cryptocurrency world.
customer support, security, ease-of-use and the customer experience; making it easy for users to invest, play, trade and learn in a secure environment. The EZ365 team includes leaders in blockchain and cryptocurrency development, network and security infrastructure for global capital and derivatives markets and the online gaming space. Together they bring the rigor and methodology of established financial market security and deeptechnology expertise to the EZ365 platform
