The government of the Australian state of New South Wales is set to complete a proof of concept for a blockchain-based land registry system by summer 2019, ZDNet reported.

The state government has issued a mandate for the NSW Land Registry Services to shift to the new blockchain-based eConveyancing system by July.

In an interview with ZDNet, Land Registry Services CEO Adam Bennett pointed to “blockchain … systems [that] are being implemented in land jurisdictions overseas,” where “they are already delivering significant benefits.” He said New South Wales would be making a series of “targeted experiments” to test “selected use cases” for the technology.

ThirtyK Staff
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