There’s been alot of discussion about the potentials of blockchain technology to transform various aspects of society, separate from its most common associations with cryptocurrencies. One application that’s received significant ponderance is the use of a publicly-distributed ledger for land registry purposes. And while many have simply talked, another group has been in action and making strides to actually make it happen: Bitland.
I first heard about Bitland a few months back during their first crowdsale and threw in a couple hundred bucks – not so much as for the aim of making any killer return on the investment, but because it seemed like a really cool project worthy of support. As with any business venture or cryptocurrency-backed project, there’s always question of whether the teams actually have what it takes to turn their idealized vision into a reality – and I honestly couldn’t tell from what was shared publicly online how far they were in getting their concept off the ground. But in digging in and assessing what I could gather about what they had in the works, this seemed like a worthy cause to back…
As is the case in many developing countries, the issue of land registry in Ghana is one subject to a fair amount of inefficiency and without highly-professional bureaucratic standards, corruption that creates significant obstacles for both citizens and foreign investors in all kinds of real estate and business dealings. Bitland has not only set out to design & execute blockchain-based solutions to these challenges through cooperative efforts with the Ghanaian government – but expand their involvement in collaborative projects to help develop synergistic infrastructure components & programs to address community needs that may be supported through effective technological & entrepreneurial innovation in the regions they are operating.
Read More: https://steemit.com/crypto-news/@rok-sivante/blockchain-venture-to-upgrade-africa-how-bitland-is-revolutionizing-land-registry-and-community-development-in-ghana-and-beyond