Inter-American Development Bank to Pilot Land Registries on Blockchain
After years of talking about it, the Inter-American Development Bank is for the first time testing out a blockchain for land registries.Next month, the global organization will embark on a two-year project to put land registration and lending in three Latin American countries on a blockchain.
The IADB, the largest source of development financing for Latin America and the Caribbean, has long been bullish on blockchain for land registries, despite the high costs of blockchain projects with sometimes uncertain returns.