The Nitty Gritty of Blockchain use – exploring land registry – Bitcoints

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Published on April 19th, 2017 | by bitcoin

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The Nitty Gritty of Blockchain use – exploring land registry

In this light, one popular blockchain use case that has remained generally outside scrutiny has been land title projects started in countries including in Georgia, Sweden and the Ukraine.
However, those working on projects disagree, asserting that land registries could prove one of the first viable beachheads for blockchain.
Hedman told CoinDesk:
“As for the benefit of a blockchain-based land registry, look to Haiti.
Modern real estate
To understand the potential of a blockchain land registry system, analysts argue one must first understand how property changes hands.
He explained:
“There is good reason to think that blockchain technology could serve as the basis for a more reliable, cheaper and more efficient land registry.”

Source: Www.coindesk.com

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