{"id":8946,"date":"2021-08-30T23:25:22","date_gmt":"2021-08-30T22:25:22","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=8946"},"modified":"2021-08-30T23:25:31","modified_gmt":"2021-08-30T22:25:31","slug":"zventus-blockchain-lab-aims-to-modernize-the-mortgage-industry","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/zventus-blockchain-lab-aims-to-modernize-the-mortgage-industry\/","title":{"rendered":"Zventus Blockchain Lab aims to modernize the mortgage industry"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\"> <span style=\"font-size: revert;color: initial\">We\u2019re thrilled to be at the forefront of a technological revolution that will transform <a href=\"https:\/\/coinscreed.com\/staging\/united-wholesale-mortgage-to-accept-crypto-payments-this-year.html\" data-type=\"post\" data-id=\"8258\">mortgage processing forever<\/a>,\u201d<\/span>  Zventus President Angel Alban.  <\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"580\" height=\"362\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Zventus-Blockchain-Lab-aims-to-modernize-the-mortgage-industry.jpg\" alt=\"Zventus Blockchain Lab aims to modernize the mortgage industry\" class=\"wp-image-8954\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Zventus-Blockchain-Lab-aims-to-modernize-the-mortgage-industry.jpg 580w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Zventus-Blockchain-Lab-aims-to-modernize-the-mortgage-industry-300x187.jpg 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/figure><\/div>\n\n\n\n<p>On Monday, global business supplier Zventus introduced the \u201cMortgage Blockchain Lab,\u201d a new blockchain venture.<\/p>\n\n\n\n<p>The plan aims to pool the resources of a number of mortgage professionals, technological companies, and academic organizations in order to collaborate on <a href=\"https:\/\/www.google.com\/search?q=Zventus+Blockchain+Lab+aims+to+modernize+the+mortgage+industry&rlz=1C1SQJL_enNG889NG889&oq=Zventus+Blockchain+Lab+aims+to+modernize+the+mortgage+industry&aqs=chrome..69i57.690j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noopener\">blockchain research and development <span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>for the mortgage industry.<\/p>\n\n\n\n<p>The California-based firm, whose product and service offerings include business consulting, human resource planning, and tech support, will collaborate with the lab's partners to trial and test new products and services in this blockchain sandbox.<\/p>\n\n\n\n<p>According to early estimates, the firm's services have the potential to lower loan costs for financial institutions by more than half if they are introduced.<\/p>\n\n\n\n<p>Zventus President Angel Alban believes in blockchain's huge potential to boost the sector's growth:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cThere's no doubt in blockchain\u2019s ability to disrupt the mortgage industry. The capabilities of a secure, transparent ledger without a central intermediary is <a href=\"https:\/\/coinscreed.com\/staging\/kraken-exchange-plans-to-enter-the-european-market.html\" data-type=\"post\" data-id=\"8543\">taking off in Europe and Asia<\/a> and gaining significant traction in the Americas. We\u2019re thrilled to be at the forefront of a technological revolution that will transform mortgage processing forever.\u201d<\/p><\/blockquote>\n\n\n\n<p>Zventus has expanded to 180 countries and 220 languages since its launch in 2016.<\/p>\n\n\n\n<p>The lab, which includes Ethereum (ETH) and Hyperledger as well as technical and academic partners, has set a goal of 1,000 new <a href=\"https:\/\/coinscreed.com\/staging\/standard-chartered-creates-blockchain-trading-platform-in-collaboration-with-a-chinese-fintech-firm.html\" data-type=\"post\" data-id=\"8878\">blockchain-related jobs<\/a> by 2024.<\/p>\n\n\n\n<p>Alban said, &#8220;It's worth noting that:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWe are excited for the future of blockchain in the mortgage sector, and we look forward to collaborating with our clients and partners to reinvent this important element of financial services.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re thrilled to be at the forefront of a technological revolution that will transform mortgage processing forever,\u201d Zventus President Angel Alban. On Monday, global business supplier Zventus introduced the \u201cMortgage Blockchain Lab,\u201d a new blockchain venture. The plan aims to pool the resources of a number of mortgage professionals, technological companies, and academic organizations in [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":8954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130],"tags":[4152,4153,4151],"class_list":["post-8946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","tag-blockchain-lab","tag-mortage","tag-zventus"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Zventus-Blockchain-Lab-aims-to-modernize-the-mortgage-industry.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=8946"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/8946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/8954"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=8946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=8946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=8946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}