Vodii and Factom Inc. build Real Estate Partnership

| February 19, 2019
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AUSTIN, Texas, 2-19-2019 —  Vodii, a software company delivering easy-to-use software solutions for the title and escrow industry, today announced that Edina Realty Title, a Berkshire Hathaway Company, will be their first customer to implement TxM GlobalSign. This software module allows real estate closing documentation to be digitally signed and notarized to simplify and secure communication between closing agents and all stakeholders of a real estate transaction. TxM GlobalSign is part of Vodii’s TxM Software Suite, a white-labeled, SaaS, web-based transaction management application that leverages Factom’s Harmony Blockchain-as-a-Service technology to protect document integrity.

“Our customers’ experience is paramount and must consistently instill confidence and trust throughout the buying or selling process,” said Brad Fisher, President of Edina Realty Title. “TxM GlobalSign uses Factom Inc.’s Harmony BaaS technology to improve our customer’s experience, while also boosting the security of our services, increasing our team’s productivity, and preserving precious natural resources.  We can’t wait to launch!”

TxM GlobalSign was developed in response to the evolving legal and regulatory requirements to accept electronic signatures and notarization. Factom Harmony allows TxM GlobalSign to create an immutable audit record of activities, data, events, and decisions, therefore improving efficiency and security.

“It’s important that someone buying or selling a home can trust their team and the process,” said Matt Regan, Founder & CEO of Vodii.  “In partnership with Factom Inc., we are proud to have developed an experience that raises the bar for convenience, reliability, and security.”

“The real estate services industry is the first use case where we expected the Factom Harmony products to be applied,” said Laurie Pyle, COO of Factom Inc. “In our partnership with Vodii, we’re creating a new industry standard for borrower and seller protection surrounding one of the most important transactions of their lifetime, while also providing additional value to originators and underwriters through the creation of verifiable and independently auditable blockchain records.”

About Vodii, LLC
Vodii is an Austin-based software company that believes the future of the title & escrow industry will be based on secure technology and efficient user experiences.  Vodii’s TxM Software Suite is a white-labeled, SaaS, web-based transaction management application that is designed to simplify and secure communication between closing agents and all stakeholders of a real estate transaction.  TxM creates an easy-to-use environment that leverages blockchain technology to allow all parties to efficiently collaborate, exchange information, and close securely. For more information on our product, visit www.vodii.co.

About Factom, Inc.
Factom, Inc. is an Austin-based blockchain technology company that is on a mission to provide blockchain data provenance for complex industries. Factom specializes in building scalable blockchain technology to handle complex enterprise data and volume. Factom is the recognized leader in providing blockchain solutions in order to preserve, ensure and validate digital assets. For more information, please visit factom.com.

POSTED: February 19, 2019 BY Crystal Wiese IN
ABOUT THE AUTHOR

Crystal Wiese is the Director of Marketing at Factom. Working within the startup tech scene for the past 10 years she has become passionate about taking great ideas and building a strong comprehensive narrative. Graduating from the Art Institute of Portland with a degree in Design Management, Crystal has always seen the value in creating strong ties between the technical, creative and business.