Etherland: The Blockchain’s Land Registry

Authorities in Sweden have announced that the government is exploring the implementation of blockchain based land registry in the country. The use of blockchain based registries has now spread to Sweden. The European country may soon be implementing a new land registry based on distributed ledger. With the number of people around, it is hard to keep track of all the things they had ever owned. However, it is not that hard when it comes to land ownership. For starters, it is not easy to hide a piece of land, as it has to be under the sun where everyone can easily see. However, over a period....

Sweden could become the first country to put the country’s land registry on the Blockchain, the Swedish Land Registry said. With a population of just under 10 million people, it can be hard to keep track of who owns what when it comes to land ownership in Sweden particularly over a period of time, unless some reliable form of record keeping is maintained. The distributed ledger technology, which happens to be the backbone of Bitcoin, is the perfect solution in keeping track of land ownership, with the Scandinavian country being the latest country looking into how Blockchain can help. Proof....

Sweden could become the first country to have a blockchain-based land registry. A team of technology players is working with the country’s land registry on a system that could possibly go live this fall, according to Reuters. ChromaWay, a Swedish blockchain company, consulting firm Kairos Future, and telecommunications service provider Telia, have developed “proof of concept” demonstration of how the Swedish land registry would work. Blockchain Brings Benefits. The blockchain ledger can allow clearing and settlement on one database that provides an easier-to-use and more reliable system....

Blockchain-based record keeping solutions provider Factom has officially stalled its Honduras land title registry initiative announced earlier this year, due to complex political issues and procedures. The company has communicated with policy experts and land title software developers to discuss the future of its project. “I’ve had humbling conversations with many smart people in the world of international land title including a CEO of major title insurance company, international policy experts, and companies that have built and sold land title software for decades. They all agree that....

The Republic of Georgia’s National Agency of Public Registry, renowned Peruvian economist Hernando De Soto and Bitcoin company BitFury announced a partnership to design and pilot a blockchain land titling project, Forbes reports. The announcement was accompanied by a signing ceremony at the Georgian Ministry of Justice. “By building a blockchain-based property registry and taking full advantage of the security provided by the blockchain technology, the Republic of Georgia can show the world that we are a modern, transparent and corruption-free country that can lead the world in changing....