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> Several countries outside the west are moving to do registration of land ownership on blockchain tech because their bureaucratic system is corrupt. Speaking
by kilotaras 9y ago
> Several countries outside the west are moving to do registration of land ownership on blockchain tech because their bureaucratic system is corrupt.
Speaking as a citizen of such country[1]. The problem is not in ledger/registry. The problem is that you can get a fake shareholders notice, a court order from corrupt judge, etc. and change the ownership in the registry. I don't see how blockchain solves anything that a simple publication of all changes wouldn't.
[1] https://www.bloomberg.com/news/articles/2017-10-03/ukraine-turns-to-blockchain-to-boost-land-ownership-transparency https://www.bloomberg.com/news/articles/2017-10-03/ukraine-t...