Blockchain and Property in 2018: At the End of the Beginning
FPR paper presented at the 2018 World Bank Land and Poverty Conference.
Blog Post
Andriy Blokhin / Shutterstock.com
April 10, 2018
On March 20th, FPR presented a paper on blockchain and land at the World Bank Land and Poverty Conference in Washington, DC. For more on the issues discussed in this paper, see Blockchain and Land Registries: Lessons from the Field.
The paper seeks to provide an overview of the ways that blockchain is currently being used for real estate and land registries, and a sense of how its use may change in the future. After a foreword observing larger trends regarding the role of blockchain in the movement for an open and decentralized web, the introduction makes a broad case as to why blockchain makes sense for real estate. The body of the paper has four sections.
1. The seven major prerequisites before blockchain can be introduced into a land registry.
2. A conceptual framework of eight levels of blockchain integration with the registry, progressing from the most simple to the most radical.
3. Discussion of five different issues and impacts stemming from the interaction of blockchain and land, ranging from title insurance to regulation.
4. Finally, we consider six case studies of companies that are already active in the space, giving a brief overview of what they are doing and/or their recent history.
The full paper and accompanying slides are available for download below.
Blockchain and Property in 2018: At the End of the Beginning FPR Blockchain and Property 2018 Slides