The United Nations has introduced a blockchain solution to help the Afghan government deal with real estate problems in urban areas of the country.
According to an announcement made on December 2, the United Nations Settlement Program (UN-Habitat) will present its new digital land registration solution to the Afghanistan Ministry of Urban Development and Land in December 2020.
The United Nations started its blockchain project for sustainable urban development in Afghanistan in 2019.
Now with their new blockchain-enabled digital land register tool, The United Nations wants to help Afghanistan tackle the biggest challenges in informal urban settlements, also known as slums, such as land grabbing, inefficient land use and insecure land ownership in informal settlements.
According to the United Nations, more than 80% of real estate in Afghan cities “is not registered with local or national authorities and residents do not have formal ownership documents”.
The new system, known as “goLandRegistry”, is used to register all property documents in a blockchain and to issue occupancy certificates. This is reportedly allowing owners to independently prove the authenticity of occupancy certificates using an open source blockchain verification tool.
The tool is based on a hybrid blockchain platform operated by the European startup LTO Network. Rick Schmitz, CEO of LTO, said that hybrid blockchain solutions enable streamlined and decentralized data exchange between stakeholders in the real estate registration process, eliminating the need for costly IT reviews.
“Using live contracts, data can be automatically distributed to various stakeholders and systems to facilitate property registration transfer, tax automation, credit delivery, and more.”Said Schmitz.
Maurizio Gazzola, head of strategic solutions at the United Nations Office of Information and Communication Technology, a partner agency of the project, said the United Nations wants to bring its digital land registration solution to more countries:
“The plug-and-play design of the blockchain of the LTO network and the contribution of transaction tokens to the Afghanistan project enabled the development of the blockchain anchoring mechanisms and certificate verification tool open source property, which is now available for each country as a blockchain Add-on to the existing property registration systems is available. “