Bockchain and property in 2018: At the end of the beginning
Michael Graglia, Christopher Mellon
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 blockchains are 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.
Event: Land Governance in an Interconnected World_Annual World Bank Conference on Land and Poverty_2018
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