Receive all Cointelegraph news immediately in Telegram.
Blockchain startup Ubitquity has announced it will overhaul the land registrar offices of two Brazilian municipalities by embedding land ownership information into the bitcoin blockchain.
Blockchain,Podcast,Nathan Wosnack,Marina Reznik
Blockchain startup Ubitquity has announced it will overhaul the land registrar offices of two Brazilian municipalities by embedding land ownership information into the bitcoin blockchain. Ubitquity's recordkeeping system will embed hashes of detailed information like property address, owner, parcel number and zoning classification into the bitcoin blockchain using the Colored Coins protocol.
According to the founders, the pilot program is an effort to move away from paper-based records toward a 100% computer-based solution. Records stored on the bitcoin blockchain are immutable meaning they are not susceptible to theft, corruption, damage or fraud. Ubitquity founder Nathan Wosnack and Marina Reznek shared with us the first Brazilian property embedded into bitcoin blockchain using the real estate registry platform which was published a few days ago.
Follow us on Facebook
For updates and exclusive offers, enter your e-mail below.
One fine body…
Thank you for contacting us! We will reply to you as soon as possible.
Thank you for your interest in our franchise program.
We are considering your request and will contact you in due course. If you have any further queries, please contact:
Reset letter sent.
Please checkout your mailbox for password reset details