Tag: land registry

Many countries in Sub-Saharan Africa do not have functioning land registry systems. As a result, double-ownership and sundry forms of land dispute are a common occurrence in these countries. The inadequate land use framework also provides an avenue for collusion between powerful individuals/corporations and government agencies to acquire land illegally. According to the Food and Agriculture Organization (FAO) of the…

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Propy, Inc., a Palo Alto-based worldwide Blockchain land commercial center, declared the dispatch of a test case program in South Burlington, Vermont to utilize Blockchain innovation to record land registers, the most recent related advancement in the alleged “Blockchain-friendly” state. Leveraging Land Registries and Real Estate with Blockchain The blockchain is an innovation that enables various clients to network with…

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Ubitquity LLC, a real estate startup, is set to be the first company to partner with a Brazilian government institution to develop a blockchain-based land records application. This new application aims to bring secure and cheaper property deeds storage and tracking across the country and South America. To streamline and address this costly problem going forward, Ubitquity has created a…

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After announcing a partnership in April 2016 with Bitcoin mining company, Bitfury Group, to design a blockchain land registry pilot with the Republic of Georgia’s National Agency of Public Registry (NAPR), a new memorandum of understanding (MOU) has been signed to expand the offering of services. Interestingly, Sweden announced it would launch a testnet for managing their nation’s real estate…

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Sweden will launch a testnet for managing the nation’s real estate with smart contracts and blockchain technology in March 2017. Lantmäteriet, the Swedish National Land Survey, along with blockchain startup ChromaWay are leading this public/private collaboration with support from consulting firm Kairos Future, and telephone service provider Telia. Recently, two banks specializing in mortgages, Landshypotek and SBAB, have also added…

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The key to the internet’s success, as well as Bitcoin’s success, is decentralization. Many industries could use a dose of decentralization, from banking to government, and these sectors are beginning to see uses for the efficiencies of blockchain technology. One more business sector that is getting into the latest tech is real estate. Among the first movers in this space is…

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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…

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