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Topic: [2016-05-07]Blockchain Technology and the Future of Land Registries (Read 199 times)

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Blockchain Technology and the Future of Land Registries

Registration information has long been used to show evidence of land ownership, possession and claims. These registries are tasked with accurate record-keeping so that rightful owners can be identified and fraud can be prevented when land transactions occur.
Traditionally, landowners have had to rely on third-party intermediaries such as government agencies to manage land registration information. With the development of blockchain technology, however, its transparent and secure online ledger system is able to bring greater efficiency to the land title record-keeping process. Advancements here could prove particularly valuable in many parts of the world where people are unable to secure legal documentation of their land assets...

https://btcmanager.com/news/business/blockchain-technology-and-the-future-of-land-registries/
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