More
If the powers-that-steal accept, that's the end of dodgy land deals.
Here's an ELI5 (Explain Like I'm 5) link on the Blockchain:
http://www.coindesk.com/bitcoin-explained-five-year-old/Sweden is already leading the way:
Sweden Tests Blockchain Smart Contracts for Land Registry"
Going forward, Kempe and Hjeltes said that Stockholm-based Landshypotek Bank has already signed on to provide additional funding for the project. Further, they said more banks and real estate industry experts would be consulted to help build on the project.
The project comes as governments around the world are showing growing interest in using blockchain technology to improve the land registry process.
In April, bitcoin mining and technology company BitFury unveiled a pilot with the National Agency of Public Registry in the Republic of Georgia. The project followed a reported initiative in Honduras that popularized the concept, yet has failed to fully materialize with public acknowledgement from the government.
Topic: Blockchain for Kenya’s public records (Read 776 times)