Today at Corda Con R3’s CEO David Rutter announced that Her Majesty’s Land Registry (HMLR) chose Corda for blockchain development. The project aims to explore how to make the house buying process in the UK faster, simpler and more transparent.
The initiative is part of the department’s ‘Digital Street’ program. This is the second phase of its blockchain and distributed ledger technology (DLT) research and development program, so the focus is on Proofs of Concept.
HMLR processes 1.8 million applications per month. The organization has a vision “to become the world’s leading land registry for speed, simplicity and an open approach to data.”
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