Lantmäteriet: Sweden Adopts Blockchain Technology to Register Land Ownership with Decentralized Transparency

in #blockchain7 years ago

lantmateriet-jpg.jpg

SOURCE

Blockchain Keeps Getting Implemented Via Smart Government Adoptions

Sweden has always had a massive reputation for being open minded when it comes to its governments way of conducting business. So its not too surprising to me to see that they are starting to get more ahead with the Blockchain benefits withing this amazing technology. More governments need to watch these countries that benefit from such improvements, and I hope this new land ownership blockchain in Sweden called Lantmäteriet will show the world that government does not need to be centralized and closed source to its people

Lantmäteriet is the land registry of Sweden, recently they have switched over full force towards utilizing blockchain technology to register land and properties for Swedish citizens. Mats Snäll, Lantmäteriet’s head of development has openly state that the land registry office has investigated and invested in blockchain technology starting back in 2016. Since they have developed a proof-of-concept Blockchain platform which they feel will give land and home owners a more transparent partnership with their government.

Mats Snäll said this of this movement forward with blockchain technology:

“When we heard about Blockchain and its supposed benefits, we wanted to explore whether this is an actual next-generation technology we could use for registries. We have to try it on a wider scale and have more partners to see it also works with a larger number of transactions, but we haven’t come up against anything so far that argues against this technology.”

swe_grb_eng.jpg

Blockchain Providing Tax Payers With Savings

Due to the nature of this move towards hosting home and land owner records on the blockchain, its showing signs of also benefiting Swedish citizens with major savings due to the lack of needed expenses to store these records. In the long run its expected to help citizens and save within the government, so it appears we have just been shown that crypto blockchains can work well for both sides of the fence.

I commend Sweden for moving towards this first step in transparency for its citizens and embracing the advancements of crypto and its blockchain engine. Hopefully this spreads and will reach towards more empowered countries to begin the process of opening its closed doors to its people, because in the end an open sourced government is a government once again for the people and that is what it was always meant to be.

~sflaherty

Follow me @sflaherty

Sort:  

upvoted! i wish to give $10 upvote but my max vote only $0.03

Its okay, hey I appreciate the upvotes even if its just one cent. Thank you for that and for taking the time to read this one

yes sweden is a great growing country! great post i upvoted

Honestly if I could afford to run over there out of the USA lol...I would. They seem to be way open to doing things for its people, sadly my country not so much anymore. Proud of them though for really embracing the blockchain. Hopefully this spreads throughout the world

I wonder how much useful it would be to move it to blockchain. I don't think there will be land deals happening every minute!

But it's a ledger after all and for this, this government must be lauded. This is indeed very open minded and forward thinking.

It's more about making it a ledger that can't be tampered with and that easily be distributed to everyone rather than a database that has to be licensed out for everyone that can use it.

It's a great first case study, but they haven't decided on what they should do or how long it would take to get going. So... well... somewhere in the future we'll maybe see something :)

Vote @sc-steemit for Steemit Witness.

Proud Supporter of the Cryptocurrency Gridcoin

I agree, its truly more or less a test case but it does appear they like the direction of using the blockchain tech on this one. Hey whatever gets them started to utilize it, more little steps that work the better for everyone. By the way @sc-steemit I upvoted your witness there, best of luck

This post has received a sweet gift of Dank Amps in the flavor of 3.85 % upvote from @lovejuice thanks to: @sacred-agent. Vote for Aggroed!

Thank you so much @sacred-agent for that kind boost

This is a step in the right direction, we need more decentralization.
This form of land owner registration is going big on an international scale very soon.
My friend @cashisking is studying to become a real estate agent and he might write his thesis on how to implement this in Denmark :)

I think this is a great adoption, I think if they get it right in land ownership and show it can save tax payers money then the governments may adopt this in other areas. Sweden tends to always lead the pack when it comes to doing things that are advanced, hopefully the rest of the world takes note

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.031
BTC 89200.83
ETH 3215.57
USDT 1.00
SBD 2.84