As part of a plan to put all property transactions into the digital realm, a department of Australia’s New South Wales (NSW) government is turning to blockchain technology.

With the state having ordered the digitization of all property transactions from July 1, 2019, NSW Land Registry Services – the operator of land titling and registry operations in the state – is launching a proof-of-concept (PoC) trial to gauge if blockchain is the best way to go, according to local news outlet CIO.

For the technical side of the effort, the agency is partnering with Sweden-based ChromaWay to conduct the PoC on its blockchain platform, with completion expected by early next year.

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