This blockchain implementation facilitates the registration of land titles and validation of property-related government transactions. When it launched, this project covered land title registrations, purchases and sales of land titles, registration of new land titles, demolition of property, mortgages and rentals, and notary services
An article on Enterprise Innovation describes in more detail: “A custom-designed blockchain system has been integrated into the digital records system of the National Agency of Public Registry (NAPR), and anchored to the Bitcoin blockchain through a distributed digital timestamping service. The digital timestamping service allows the government to verify and sign a document containing a citizen’s essential information and proof of ownership of property. The system will boost land title transparency, reduce the prevalence of fraud, and bring significant time and cost savings in the registration process.”