ConsenSys
Case Studies
Proof of Concept for Her Majety’s Land Registry (HMLR) demonstrates the ability of blockchain technology to increase transparency and cut costs in real estate
Overview
Proof of Concept for Her Majety’s Land Registry (HMLR) demonstrates the ability of blockchain technology to increase transparency and cut costs in real estateConsenSys |
Application Infrastructure & Middleware - Blockchain | |
Procurement | |
Asset Lifecycle Management Smart Contracts | |
Software Design & Engineering Services | |
Operational Impact
Blockchain technology provided secure and efficient transaction processing and a “single source of truth” between all participants, improving transparency and accuracy of information. | |
The investor registry remains automatically updated and maintained, reducing the need for manual processing. | |
The normal reams of paperwork and compliance to be submitted and reviewed for property transactions by multiple parties are alleviated by inviting potential investors to create their own accounts, fill in a KYC form and upload all necessary documents to the platform. | |