BLOCKCHAIN
Records and Processes
Blockchains leverage cryptography and economic incentives to create secure databases. This is especially helpful for public data. MLG has experience with multiple technologies and deployments, applying data design to ensure records are:
* authentic
* verifiable
* transparent
WYOMING, USA
LAND RECORDS ON BLOCKCHAIN – TETON COUNTY & CARBON COUNTY
MLG supports Teton County, WY and Carbon County, WY with immutable archives of land records on blockchain.
Blockchains and
Cryptographically
Secure Data
BLOCKCHAIN
MLG was founded with the vision of bringing better land security with the use of modern technology, to all citizens of the globe—especially the most vulnerable.
Auditability
Attempts to alter or forge data and more easily detected.
Resiliency
Data is replicated across the network and is tamper resistant.
BLOCKCHAIN
The Transparent
Future
Data is publicly available & accessible by design. Transparent workflows add level of confidence to the bureaucratic process.
Transparency allows for:
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Self-management, full control over your assets
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Heightened level of confidence for the governing system
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Faster transactions, less time wasted on redundancies
Identity
BLOCKCHAIN
We apply cutting-edge verification techniques to systems where data is most valuable: personal data. Interactions should be secure, and the provenance of the data should be provable. This gives all partners and citizens confidence as they interact. In addition, modern standards streamline workflows and development.
Public/Private benefit:
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First registration or title transfers can be stamped on a blockchain to facilitate sharing. This adds transparency, saves costs in retrieval systems, and enables permanent redundancy.
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Immutable blockchain records enforce permanence. This builds a reputation of reliability and provides a permanent record of the title registration.
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Allows for both public and private data storage. Allows logins and integration with distributed systems. This builds infrastructure with business partnerships, and also allows for more robust document verification. Title searches that were verified through multiple documents through multiple outlets, such as tax information, legal ownership, and liens, can either be built into the blockchain—or integrated with current systems for a consolidated cost-effective search.
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Store even less sensitive data for each citizen by issuing Verifiable Credentials. Drastically reduce the amount of sensitive information that is transferred between hands in order to verify the record.
Private benefit:
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Data source which is accessible across the globe. Access to records such as proof of ownership, licenses, certification.
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Hidden private information in a public repository.
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Perform a transaction or information query without having to go through an administrative body.
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Allows for many options for value transfers internationally—remittances, token, rewards systems.
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Secure document signing and recording—notarization, contracts, licenses, certifications.
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Support for multiple stakeholders to audit one another—supply chains, consortia, non-profits.
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Frictionless onboarding to a global data repository—proof of existence (intellectual property).
