The blockchain based infrastructure for land governance is intended to promote economic development and full financial participation by helping individuals establish formal ownership of their homes and land.
United States, May 9, 2021 /AlexaBlockchain/ – Medici Land Governance is collaborating with government agencies to deploy systematic titling, land administration and paperless land transfer systems across Africa to support improved land governance.
The blockchain based infrastructure for land governance is intended to promote economic development and full financial participation by helping individuals establish formal ownership of their homes and land.
What is Medici Land Governance (MLG)
Medici Land Governance leverages blockchain and other technologies (such as cryptography, AI and others) to support land governance, titling, and administration with a secure public record of land ownership. With land records stored on the blockchain, land ownership is standardized and can be recognized by local and global economies. Medici Land Governance supports agencies in the digitization of their current records, engendering trust and security in data by diminishing human error and accidental damage to records.
Ali El Husseini, PhD, CEO of Medici Land Governance, said:
“Mindful of how the United Nations’ SDGs can be realized across Africa, in collaboration with government agencies we are advancing our most critical mission at MLG – to promote economic development and full financial participation by helping individuals establish formal ownership of their homes and land. Our work encompasses solving critical problems, including highly fragmented markets, unreliable document management and payment tracking methods, and secure, seamless platforms for handling property valuation, revenue, tax and financial transactions. We are prioritizing solutions that bridge the urban-rural digital divide, essential to strengthening national and regional economies. As we scale up our model globally, we are creating local jobs, building capacity, and, more importantly, transfer of knowledge.”