NorthJersey.com Article: Bergen County enters agreement to strengthen, protect residents property records, deeds
BERGEN COUNTY — The Bergen County Clerk's office has joined a new technology partnership to digitize its property records and deeds and to eliminate fraud, prevent hacks and increase efficiency.
The Clerk's Office has signed a five-year contract with Hoboken-based company Balcony, a leader in blockchain-based land record management.
The platform will create a tamper-proof, fully digitized, searchable chain of titles across 70 municipalities, minimize deed processing time, reduce the risk of fraud, prevent administrative errors and protect against ransomware attacks, said Balcony officials.
Blockchain is a digital database that serves as a secure, public ledger for recording and verifying transactions. Balcony Technology, a data intelligence and land record management company, will leverage its blockchain and AI platform to work with municipalities.