<ul><li>Bergen County collaborated with Balcony to tokenize $240 billion in property through Avalanche Blockchain.</li><li>The deal included tokenization of 370,000 deeds on the Avalanche blockchain, making it the largest blockchain-based deed tokenization project in the U.S.</li><li>The project aims to reduce processing times by over 90% and minimize the risk of fraud, title disputes, and administrative errors.</li><li>Balcony plans to extend its real estate management records services to other counties in New Jersey, such as Camden, Orange, and Cliffside Park, as well as expand beyond New Jersey in the future.</li></ul>

Bergen County to Tokenize $240B in Property via Avalanche Blockchain

Discover more