Bergen County, New Jersey has signed a five-year agreement with Balcony to digitize 370,000 property deeds worth approximately $240 billion in real estate value. The initiative claims to represent the largest blockchain-based land registry tokenization project in the United States.
The partnership will transform property records into tamper-proof digital assets on the Avalanche blockchain, cutting deed processing time by over 90% while reducing fraud risk and administrative errors. Bergen County officials expect the system to provide a fully searchable chain of title across all 70 municipalities within the county.
“By working with the Bergen County Clerk’s Office to bring all property records on-chain, we’re demonstrating how secure, distributed systems can replace outdated infrastructure and deliver real-world value for both governments and the public,” said Dan Silverman, CEO of Balcony.
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