Property

Verification on the blockchain can help overcome legacy paper-based property registries

Many land deed registries are still paper-based and are unreliable in terms of accuracy and security. In some situations, there have even been reports that some land records officials have been complicit in illegal land grabs.

Squatters can also try and claim land by building a structure on it, such as a house and then putting the structure to use by moving their family into the house and residing there. To try and combat this practice, land owners are encouraged to fence off their land and secure the deeds so that they can prove ownership.  

Verification on the blockchain can help overcome legacy paper-based property registries

Many land deed registries are still paper-based and are unreliable in terms of accuracy and security. In some situations, there have even been reports that some land records officials have been complicit in illegal land grabs.

Squatters can also try and claim land by building a structure on it, such as a house and then putting the structure to use by moving their family into the house and residing there. To try and combat this practice, land owners are encouraged to fence off their land and secure the deeds so that they can prove ownership.  

How BAF helps?

A verification system that leverages blockchain technology allows us to verify that the land deed is the true and correct deed. It aims to secure land rights as well as eliminate the ability by fraudsters to create duplicate land titles that can be sold to another party. 

The blockchain solution to eliminate the threat of title tampering, involves embedding a QR code on a land title with a unique digital hash inside the QR code. The hash holds a string of information that is then placed on the blockchain network for security, verification and most importantly, end user validation.

REDUCED FRAUD

SECURED RECORDS

INCREASED EFFICIENCY

PROTECTED PRIVACY

How BAF helps?

A verification system that leverages blockchain technology allows us to verify that the land deed is the true and correct deed. It aims to secure land rights as well as eliminate the ability by fraudsters to create duplicate land titles that can be sold to another party. 

The blockchain solution to eliminate the threat of title tampering, involves embedding a QR code on a land title with a unique digital hash inside the QR code. The hash holds a string of information that is then placed on the blockchain network for security, verification and most importantly, end user validation.

REDUCED FRAUD

SECURED RECORDS

INCREASED EFFICIENCY

PROTECTED PRIVACY