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Finzat Block LLC: A Blockchain Solution for the US Mortgage Industry
Block One has acquired 40% of Finzat Block LLC, a New York based mortgage blockchain company aiming to streamline and digitize the US mortgage market using innovative blockchain applications to create a system which is Simple, Auditable, Fault-tolerant and Efficient (SAFE).

Finzat has named Michael W. Moore as the company’s Chairman. Mr. Moore is a recognized leader in mortgage finance and investment and risk management. During his 15 years as the senior-most financial executive with the Chicago Federal Home Loan Bank, he was the co-developer of Mortgage Partnership Finance, a mortgage origination platform whereby Federal Home Loan Bank members participate in a unique risk sharing arrangement with their respective FHLB optimizing benefits for both parties.

Why Is This Important For Investors?

Mortgage industry is a $9.9 trillion sector of which Block One Capital is at the forefront of revolutionizing through its Finzat arm. This could quickly transform the US mortgage collateral and compliance marketplace as we know it, by applying advanced blockchain principles.

The mortgage industry is ripe for blockchain solutions to drive efficiency, reduce costs, streamline workflows and improve the customer experience.