2017
DOI: 10.1515/eplj-2017-0019
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Evaluating the Use of Blockchain in Land Transactions: An Archival Science Perspective

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Cited by 65 publications
(56 citation statements)
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“…Countries such as Georgia and Peru have taken a more sectoral approach. Georgia is one of the leaders in the use of blockchains for land title registration which has already been the subject of critical academic research (Lemieux, 2017;Thomas, 2017). Recently, Peru announced a new government procurement system based on blockchain technology in partnership with a local blockchain startup and the Inter American Development Bank (IADB).…”
Section: Country Examplesmentioning
confidence: 99%
“…Countries such as Georgia and Peru have taken a more sectoral approach. Georgia is one of the leaders in the use of blockchains for land title registration which has already been the subject of critical academic research (Lemieux, 2017;Thomas, 2017). Recently, Peru announced a new government procurement system based on blockchain technology in partnership with a local blockchain startup and the Inter American Development Bank (IADB).…”
Section: Country Examplesmentioning
confidence: 99%
“…23 Other exemplary criteria include the format of registration (real folium or personal folium), public faith attributed to the content of the register (basically good faith in the land register is protected in case of constitutive registration) and the publicity of registered information (public access for everyone or access restricted to persons with a legitimate interest). 24 Considering specific rules adopted in different land registration models, it can be argued that the precepts of the blockchain concept followed by the "original" -public blockchain are incompatible with main functions performed by the land registry in the title registration systems. These include principally: the information function, which consists in reducing uncertainty as to the legal status of land by providing detailed and complete land information; the protective function, relating to ensuring accuracy of information that can be relied on by persons acting in trust to the content of the land register, and the control function, connected with the power of the registration authority to check the correctness of the basis for entry in the register.…”
Section: Inconsistencies and Controversies About The Idea Of A Blockcmentioning
confidence: 99%
“…In addition, the pilot involved transcribing existing records into the new blockchain ledger. We noted that this could result in inconsistency between the versions of land titles found in the parallel systems (i.e., the original registry and the blockchain ledger), presenting the opportunity to dispute the legitimacy of one or the other record (Lemieux, 2017;Flores et al, 2018).…”
Section: Blockchains As Trusted Public Record Keepersmentioning
confidence: 99%