Blockchain Tech Used to Prevent Property Fraud in Africa
A new startup company in Africa is hoping to stop property fraud with the use of the blockchain technology in emerging markets. Based in Ghana, BenBen is a digital land registry that allows users to quickly search for land information and perform property transactions. By integrating with BenBen, governments can make their land information quickly searchable for people where they can digitally receive land transactions such as mortgages. This then makes it easier for financial institutions to provide lending to these properties, which is an issue that many people in Ghana face. According....
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