Blockchain tech for buying and selling, Do you think this is a possible approach?
Pros and Cons after implementing this method across the globe. What would be the impact in the market?
Blockchain can be implemented and used very beautifully in land record maintenance. Actually any data and record intensive sector can be benefited from blockchain's distributed ledger technology and land record is one of those data intensive sector where blockchain can bring excellent transparency.
Once of the Indian states called Telengana has started implementing the same in the land records department and the transition is still ongoing. Read the below news,
https://www.livemint.com/Politics/4IOMVhyOuK6k0LwSVGikZL/Telangana-govt-to-use-blockchain-tech-for-securing-land-reco.html