9 months ago

The Medici Land Resources Authority will cooperate with the Zambian government on cadastre registration of land with the help of blockchain. It will allow landowners to legalize their ownership of land.

It is reported in press release that without an official right to property, people struggle with the government for access to credit and public services, while governments are limited in collecting land taxes.

This week, the world’s fourth-largest bank, the Agricultural Bank of China, issued a $300,000 loan secured by a piece of agricultural land using blockchain technology.