- Blockchain for Enterprise
- Narayan Prusty
- 118字
- 2021-07-16 17:50:46
Ghana's land registry
BenBen is a team of research and development engineers dedicated to building innovative products to improve government technology in Ghana. They developed a digital land registry solution using blockchain for Ghana citizens.
In Ghana, banks don't accept land as a collateral when giving loans. That's because in Ghana, a paper registry system is unenforceable in court. This is preventing millions of people from getting loans.
BenBen provides a top-of-stack land registry and verification platform for financial institutions. This platform captures transactions and verifies the data. BenBen works with financial institutions to update current registries, enable smart transactions, and distribute private keys for clients, to allow automated and trusted property transactions between all parties.