Lagos Turns to Blockchain to Tackle Land Fraud
Technology tamfitronics By Mark Hunter21 hours agoTue Sep 03 2024 08:38:32Reading Time: 2 minutesThe Lagos State Government has prepared a groundbreaking initiative incorporating blockchain and NFTs to revolutionize the real estate sectorThe strategy has aimed to digitize property records and streamline real estate transactionsThe plan has been revealed as the latest attempt to enhance transparency using blockchain for property deedsThe Lagos State Government is preparing to revolutionize the real estate sector through a groundbreaking initiative that incorporates blockchain technology and Non-Fungible Tokens (NFTs). This innovative strategy aims to digitize property records, streamline real estate transactions, and enhance transparency within the industry. The plan, revealed last month, is the latest attempt to use blockchain in relation to property deeds, a task for which it is ideally suited.Technology tamfitronics Digital Twins to Assist With...