Baltimore, MD undertakes a pilot of blockchain technology for vacant property record management
Baltimore, MD Blockchain Technology Vacant Property Pilot
Baltimore seeks accurate records for the ownership of 13,600 vacant residential properties. A partnership with Medici Land Governance will produce a blockchain platform for record gathering and storage. This system enables timely property transfers from owners to the city and buyers. A three-year pilot compares the platform's effectiveness with current documentation methods. Future uses of the technology may include smart contracts for contractors and tokenized property ownership.
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Baltimore is launching a pilot using blockchain technology to record its vacant housing inventory.
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