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I'm not sure which country you're describing, but Andhra Pradesh in India had signed an MoU with the Etherium Foundation for property records. I still don't see
by valarauko 6y ago
I'm not sure which country you're describing, but Andhra Pradesh in India had signed an MoU with the Etherium Foundation for property records. I still don't see the Blockchain could have resolved the mess that is property records in India. How would it have worked? Would each property owner hold the private keys verifying their ownership, and possession of the keys proves ownership? My friend in Andhra Pradesh discovered that a portion of the family's land had been sold by a relative, and each party had "legal" paperwork to show for it. All you need to do is pay off the right guy in the local office to smooth things along. I can see the value of a distributed ledger for something like this, but it's an all or nothing proposition.