ICYMI: the largest deed tokenization project in U.S. history is using Avalanche. @balconytech is bringing $240B in real estate on-chain to its own L1, modernizing property records across New Jersey with the help of @AvaCloud.

@balconytech @AvaCloud One of the most outdated systems in public infrastructure, property deeds today can take over 90 days to close. The process is slow, expensive, and vulnerable to fraud and ransomware.

@balconytech @AvaCloud With Avalanche, @balconytech is cutting deed settlement time from 90 days to just 1. Their custom L1 makes records tamper-proof, searchable, and instantly accessible to both residents and county staff.

@balconytech @AvaCloud The five-year rollout of the initiative will include 460K+ parcels, representing $290B in value across the counties of Bergen, Camden, Orange, and more.

@balconytech @AvaCloud See how Avalanche and @balconytech are rewriting the playbook for real estate, record-keeping, and public trust: