CINCINNATI, OH, November 7, 2017 — 10XTS Advisor Team member, Chris Bates, presented his Bitland Global project to the Cincinnati Blockchain Group meetup held at Union Hall, the epicenter of tech startups in Cincinnati, Ohio.
Bitland is an organization that aims to provide services to allow individuals and organizations to survey land and record deeds onto the Bitshares Blockchain. As the pilot project is working out of Kumasi, Ghana the team is looking to expand their reach further into the African continent. As the organization grows, they look to build infrastructure in developing countries to potentially unlock billions of dollars in untapped property rights. With a combination of remote workers and key partnerships, Bitland is looking to assist governments in solving land disputes in areas that are currently beyond their reach.
The Bitland application is an experimental platform using decentralized, trustless models such as Bitcoin’s blockchain to bridge the gap between the government and the undocumented areas. Its key principle is that all participation is voluntary. Meaning that there’s a personal and/or community consent, and approval, time-stamped, and government approved. This process will be tokenized in the blockchain for later reference, for every claim, and transaction.