Blockchain And Land Registration

Land registration systems record property rights and provide evidence in relation to property title holders. Regardless of a country's implemented land registration system, the primary aim of all such systems is to ensure title certainty. Underdeveloped and/or non-transparent land registration systems, as well as inadequate land laws and enforcement procedures can have a negative effect on the whole registration system leading to a situation of title uncertainty. In addition, a land registration system which is centralised and paper-based could potentially lead to the loss of rights following a natural disaster.

A step-forward from having a paper-based land registry is to actually digitise the system. By digitising land records, land registration systems would be reducing certain risks which are primarily ascribed to paper-based systems, resulting in an increase in the registry's reliability and transparency. Nevertheless, digitised systems would remain vulnerable to