It’s not a new to everyone that there have been wars in different countries, and I was just thinking, what if people are forced to leave because of war? They’d probably leave in a hurry without carrying anything, and in that kind of situation, not everyone would think of bringing their land title. The focus would just be on surviving.
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?
The subject of this thread is Misleading. You are talking about blockchain and not Bitcoin.
Blockchain has multiple use cases. Any data that requires a chain of information to be stored, blockchain is one of the safest ways we have.
Land records is definitely going to be benefited from the adoption of blockchain. War situation is different but in general blockchain will be very useful for keeping such records. Same application for health care industry and many others.