I can see your team is made up of several people from developing nations such as Ghana,Nigeria,Kenya etc. That way you can get to iron out differences between such nations and help the team better understand what happens in other jurisdictions.However, my question is in Africa especially,lands are owned by chiefs of Kings who serve as the custodians of the land,usually with no formal or legal backings of their lands or how they sell them.How does your project intend bridging this gap between such custodians and buyers bearing in mind that these custodians are usually also uneducated and not technologically savvy?.
Yes it is true that there are many people who are not educated enough even less tech savvy. But our mechanism is so simple and easy to understand that anyone with little knowledge can use this system and save huge time and money.
Land LayBy Listing is a trusted shared distributed ledger for recording land and conveyance data that can never be altered, corrupted, forged or replicated in error. A block consists of all details about a certain piece of land. Once a block space is exhausted with transactions, a new block is created and they are linked together through cryptography.
The result is a linear and chronological order referred to as Blockchain. Each time a block gets completed, a new block is generated. There are a countless number of such blocks in the blockchain. The use of cryptography to secure and chain data in the blocks creates an immutable record that is unchangeable by design. Challenges stated have made the simple legal process of buying/selling land in Kenya, a laborious endeavor. Moreover, due to the paperwork involved, the process is prone to errors which are costly to rectify. Land LayBy Listing on blockchain will contain up to date information about a particular land asset. This makes LLL an independent verification listing and where appropriate a mirror of what was and is reflected in the Ministry of Land registry hence speeding up the process of decision-making in cases where land is the core component of development. The Law Courts admissibility of these records as evidence by design shall provide clarity of ownership in cases of land disputes where the original Land Registry files are missing.