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EZ NFT and Matrix Mortgage Global are Joining Forces to Mint Essential Real Estate Documentation as NFTs

EZ NFT and Matrix Mortgage Global are Joining Forces to Mint Essential Real Estate Documentation as NFTs.

articleWee-cig International CorporationOctober 12, 20214/company/wee-cig-international-corp/news/ez-nft-and-matrix-mortgage-global-are-joining-forces-to-mint-essential-real-estate-documentation-as-nfts
EZ NFT and Matrix Mortgage Global are Joining Forces to Mint Essential Real Estate Documentation as NFTs

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[{"type":"text","content":"\n Innovative approach will leverage immutability and traceability of blockchain technology in order to improve efficiency, cost and peace of mind for homeowners worldwide  Las Vegas, NV, Oct. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Wee-Cig International Corporation (OTCMarkets: WCIG), a company focused on identifying and growing top tech companies in emerging markets, today announced that its controlled subsidiary dba, “EZ365” plans to join forces with Toronto-based Matrix Mortgage Global to mint critical mortgage and real estate documentation in blockchain-enabled NFT form.  Matrix Mortgage Global is Canada's leading mortgage brokerage, led by CEO and Broker of Record Shawn Allen, the four-time winner of the coveted Canadian Mortgages Inc. Award for Broker of the Year, Private Lending.  Through the planned collaboration, EZ NFT will support Matrix Mortgage Global in a 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 parties 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 that 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 a division of the first publicly traded company in the NFT space, EZ NFT’s professionalism, reputation and existing capability position them as the ideal partner for us in this exciting endeavor.” “I’m energized by the potential for our engagement with Matrix Mortgage Global,” added Korus, CEO of Wee-Cig International. “In an industry ripe for disruption, Matrix was the first mortgage l...

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