BitFury to Help in Moving Ukraine’s Land Registry to Blockchain (I’ll believe it when I see it)

Nice idea.

We have signed the memorandum of commitment to move Ukraine’s land registry to blockchain. The technology ensures maximum protection of the system against third-party interference. The registry contains data on land plots, legally significant information, so all these data is really sensitive and important for landowners. That’s why we pay much attention to protecting this information. Fortunately, blockchain technology is there,” Maxim Martyniuk, the first deputy minister for Ukraine’s agricultural policy, said.

According to Martyniuk, today blockchain is the most advanced method of data protection. The process of blockchainizing the land registry is expected to be complete by the end of 2017.