To that end, the city will team up with Medici Land Governance to develop an application proof-of-concept. The project aims to improve transparency, fight fraud and demonstrate the potential for broader uses.
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The New York City Department of Finance is planning to use blockchain technology as a means of combating deed fraud with respect to land records. So reports Coindesk.
To that end, the city will team up with Medici Land Governance to develop an application proof-of-concept. The project aims to improve transparency, fight fraud and demonstrate the potential for broader uses.