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Sunday, July 9, 2017

Sweden Officially Started Using Blockchain to Register Land and Properties

Sweden Officially Started Using Blockchain to Register Land and Properties

Lantmäteriet, the land registry of Sweden, officially started to utilize Blockchain technology to register land and properties.


Since early 2017, various countries including Brazil have begun to utilize Blockchain technology to facilitate the ownership of land and properties in a decentralized, transparent and immutable network.


In an interview with Computer Weekly, Mats Snäll, Lantmäteriet’s head of development, revealed that the Swedish land registry has been actively investing in Blockchain technology and developing a proof-of-concept Blockchain platform since 2016.


In March of this year, Lantmäteriet completed the initial phase of trials of its Blockchain-based land and properties registry platform.


Full story at http://bit.ly/2u5WfAB


Source: CoinTelegraph


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