Government of Colombia Presents Pilot Land Registry at Ethereum | CryptoNews



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And how does this prototype work? A simple database is used, in which the user records his data, with a registered owner profile with his photo.

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Iván Castaño showed how the pilot system works

When the user fills the fields, the digital spreadsheet shows the camera in real time. computer on which the recording is done, to help minimize theft of identity with the photographic record.

The data is loaded into the Ethereum blockchain via the IPFS files and each record produces a unique and unchangeable hash with which you can track the property using the blockchain, so that the data would be available to those who have the relevant licenses.

Colombia is a country with a large blockchain scene . Over the past year, it hosted the LaBitCoinf event, one of the region's most important ecosystem encounters. In addition, in October, the Blockchain Latam Summit will be held, a regional event bringing together specialists and enthusiasts from all over Latin America.

Recently, in mid-July, a forum was held where the participants met the technological and regulatory panorama of the country, besides that they contributed with their discussions to the construction of a strategy to be followed by the government to encourage the adoption of this technology.

In addition, the elected President of Colombia, Iván Duque, assured that blockchain technology should help raise the level of transparency of the bidding processes in the country of New Granada . This technology is even part of his government plan

Featured Image by Iván Castaño / Twitter

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