Since land titles in most countries are still just paper, there’s always the possibility that a corrupt government could claim the land for themselves and transfer it to their allies. They could even say that the offices where the land records were kept got destroyed, so they can’t recover them anymore which basically resets everything and gives them a perfect excuse to cheat the rightful owners.
But if these records were stored on the blockchain, they couldn’t be erased. The ownership would still be visible and verifiable, making it harder for anyone else to claim the land. I think it’s possible, but I’m not an expert, so I’m wondering how it could actually be implemented in practice and if courts would even accept it. Does anyone here think that’s realistic?
Are you talking about Israel by any chance?
I know they were in your mind when you created this thread. Bitcoin cannot help in this case. The blockchain technology you were talking about is a good idea, but if I am not wrong, most countries are now storing data online. Which means, people pay tax online for their land, house, and business. So, they must have the digital copies of their papers. It's not too hard to scan the documents and then store them on your private cloud. You can access your data/documents from anywhere. If I know that there will be war, of course I will prepare myself. BTW, I don't even know where the papers. Thanks for the topic, I will have to search the papers.