Blockchain and Land Data
New York City is going to explore the blockchain for land records in conjunction with @medici_land_gov.
By @JamieCrawleyCD https://trib.al/KP1TGnd
To add: @medici_land_gov public records product, Actum, is a universal archive of public records backed by blockchain. Actum uses blockchain technology to provide secure, tamper-proof, immutable public records that are searchable, transparent, and trusted.
From us @medici_land_gov: We are elated to join New York City officials in assisting their efforts to enhance the security and quality of their services in the heart of the nation’s largest metropolitan area.”
Applying blockchain technologies to New York City’s land records has the potential to improve business processes, reduce risk, and help to address deed fraud. @medici_land_gov @NYCFinance
“Leveraging technology to improve our business processes is intrinsic to our strategic goal of providing quality service delivery.” says NYC DOF Commissioner Sherif Soliman. “We look forward to working with MLG to evaluate this innovative approach.” https://www.businesswire.com/news/home/20210805005780/en/Medici-Land-Governance-and-New-York-City-Department-of-Finance-to-Explore-Use-of-Blockchain-to-Address-Deed-Fraud