DENVER, Jul 22, 2021 / PRNewswire / – Liquid mortgage received a US patent on distributed ledger technology, which confirms her vision for the future of debt markets. U.S. Patent 11068978 entitled, “Decentralized systems and methods of management of loans and securities”, aims to improve the efficiency and transparency of debt markets while reducing overall ecosystem costs.
The patent covers a significant part of the liquid mortgage business model, including: creating digital assets secured by loans, loan-level blockchain accounts with multiple signatures, loan portfolio accounts for storing digital assets secured by loans, borrower payment information and distribution mechanisms , as well as management of the loan balance.
“More than anything, this patent grant shows that we have been thinking outside the box for years to solve problems in an industry that lags far behind in technology,” he said. Jan Ferreira, Founder and CEO of Liquid Mortgage. “We look forward to leveraging our ecosystem partnerships to bring this technology across the industry and ultimately lower borrower costs.”
For more information, contact Liquid Mortgage directly.
Jan Ferreira, Founder and CEO
Email: [email protected]
About liquid mortgage
Liquid Mortgage, Inc. was founded in 2018 by a former portfolio manager and trader, Jan Ferreirawho recognized the possibility of using blockchain technology in the mortgage market to increase the transparency and efficiency of loans and securitizations. Liquid Mortgage is a proprietary digital asset and data platform designed for timely and consistent verification of documentation, payments and related credit level information. Its mission is to alleviate pain points and reduce inefficiencies in the existing system by innovating in the post-nascent process. For more information visit LiquidMortgage.io.
SOURCE Liquid Mortgage, Inc.