Columbia Welcomes Digitized Land Registry Solution Built on the XRP Ledger (XRPL)

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Peersyst Technology, a team of blockchain developers in collaboration with Ripple, has launched the first national land registry on the XRP Ledger for operations in Colombia.

Ripple-backed Solution for Land Registry

On July 1, Columbia embraced a Ripple-based solution for land registry. This is the first National Land Registry on the XRP Ledger for Colombians and was developed by Peersyst Technology in partnership with Ripple.

This blockchain-based innovation is expected to help solve the nation's land registry issues. More so, the solution will register over a hundred thousand adjudications in a short term to guarantee confidence for Colombians, Peersyst Technology noted.

According to the Spain-based software development firm Peersyst Technology, the land registry solution is based on the XRP Stamp, which allows for the registration of digital assets on the XRP Ledger (XRPL) and verification of their authenticity with the use of QR codes.

https://timestabloid.com/columbia-welcomes-digitized-land-registry-solution-built-on-the-xrp-ledger-xrpl/