Balcony

“Ransomware attacks are increasing by some estimates more than 100% year over year, targeting the public sector with alarming frequency.” Disconnected legacy systems that counties and municipalities currently use are the cracks in the foundation of land records keeping. These systems are vulnerable to the sophisticated cyber threats of today’s world, putting every property owner at risk. Balcony’s Co-CEO and Chief Visionary Officer, Dan Silverman, addresses the escalating risks that local and state governments face today and how to prevent disaster before it happens. https://lnkd.in/eRMpYxEh

We will be in attendance at the 2025 New Jersey Municipal Management Association(NJMMA) Fall Conference on September 25-26th in Red Bank, NJ. Be sure to stop by our booth to learn how we’re helping municipalities.

In 2024, at least 117 U.S. state and local governments were hit with ransomware attacks, risking leaked data, identity theft, and fraudulent claims. Blockchain technology prevents fraud by maintaining a tamper-proof, verifiable record of transactions, allowing governments to restore data from the network and speed up services. We look to the federal government to set a clear standard for digital asset regulations to foster innovation, protect consumers, and target fraud without hindering businesses. Read the op-ed by Balcony Co-CEO Dan Silverman https://lnkd.in/e2SixVYd

Big shifts being made this year with the merger of blockchain technology and the real estate industry. And with Balcony partnering with Bergen County NJ , I have a feeling this is just the small start of the next big project that needs to be tackled; digitizing property information on the blockchain. https://lnkd.in/efnPgPV3

Last week, the Senate passed the GENIUS Act, moving the U.S. closer to its first federal framework for stablecoins. This means clearer rules, stronger consumer protections, and a government that's embracing blockchain adoption. The US is open for business, and we couldn't be more excited to continue partnering with governments to drive real-world asset tokenization forward 🏘️

Most real estate shouldn't be tokenized IMO. But I found a use case I really like. Bergen County, NJ just tokenized 370,000 property deeds worth $240B with Balcony on Avalanche. 🏠 "Settlement time dropped from 90 days to a single day" according to Morgan Krupetsky at Ava Labs. The results are wild: - 90 days → 1 day settlement - $1M+ in buried tax revenue found - Massive fraud prevention upgrade This is an actual use case for tokenized real estate. Beginning with a native digital deed as far upstream and at the source as you can get. There are massive implications for this system at scale, including eventually accessing DeFi as an alternative loan source. This is how you build 💪 (Full episode of TACo Time in the first comment) cc Tokenized Asset Coalition

We’re excited to announce that Balcony has been featured in the Global Blockchain Business Council’s “GBBC 101 Real-World Use Cases Handbook – 2025 Edition.” Our highlighted project: the nation’s largest government-backed blockchain deed initiative with the Bergen County Clerk’s Office. By minting property deeds on-chain and anchoring them in our RWAT™ (Real-World Asset Token) framework, we’re helping nearly one million New Jersey residents benefit from: - Tamper-proof ownership records that eliminate deed fraud - Instant, cryptographically verifiable title histories for smoother closings - A foundation for future digital settlements, stablecoin payments, and DeFi-enabled lending Thank you to the Global Blockchain Business Council (GBBC) for showcasing how practical blockchain solutions are driving trust and efficiency in public infrastructure. We look forward to expanding this model nationwide. View the full handbook here  → https://lnkd.in/gdPtNnbR

“Bergen County, part of the New York City metro area, has hired Balcony to bring blockchain to property records management. The move stands as the latest public-sector use of the decentralized digital ledger.”

This deal hits home for me, as Bergen County is where my dad grew up and I spent many holidays & family gatherings through my mid-20s. Proud of them for being a leader and pushing through the largest blockchain-based deed tokenization project with Balcony in U.S. HISTORY 👏🏻👏🏻👏🏻