Overstock Blockchain Subsidiary to Develop Land Registry in Tulum, Mexico

Retail giant Overstock.com’s blockchain-based land registry subsidiary has signed a Memorandum of Understanding (MOU) in Mexico to develop a digital land records platform. The news was revealed in a press release published by Nasdaq on Feb. 4.

Under the agreement, Medici Land Governance (MLG) and the municipality of Tulum in Quintana Roo will jointly develop a digital platform for collecting real property ownership data issuing certificates of title to land and related proceedings. At a later stage, the parties will purportedly develop a method of automatically securing and storing land administration transactions and updates.

Continue Reading on Coin Telegraph

Like this: Like Loading...