I've actually been in part of the consultations around use case 6 in the UK. The timeline is definitely 10+ years however the land registry is 100% backing this movement which I was completely staggered by when first attending the meetings.
It's going to be a huge programme of work but the attitude towards it from those involved in it's mobilisation definitely points to this use case being fulfilled.
That's interesting. I always thought this case would be exclusively developed in poorer countries first. Do you know what triggered this in the UK? Or was it just a simple realisation that blockchain could really be a better way to do things?
Without divulging too much detail as I don't have my notes to hand it was primarily the cost savings. The UK is still using hugely manual processes and processing. I'll add further info once I'm home.
I've actually been in part of the consultations around use case 6 in the UK. The timeline is definitely 10+ years however the land registry is 100% backing this movement which I was completely staggered by when first attending the meetings.
It's going to be a huge programme of work but the attitude towards it from those involved in it's mobilisation definitely points to this use case being fulfilled.
Watch this space.
That's interesting. I always thought this case would be exclusively developed in poorer countries first. Do you know what triggered this in the UK? Or was it just a simple realisation that blockchain could really be a better way to do things?
Without divulging too much detail as I don't have my notes to hand it was primarily the cost savings. The UK is still using hugely manual processes and processing. I'll add further info once I'm home.
coindesk.com/uk-land-registry-plan...