Colegio de Registradores Español will participate in the development of blockchain technology for the real estate sector

The Real Estate Register will be actively involved in a project aimed at developing a technological application that will allow access to the “Building Book”. in a safe and controlled way.

The College of Registrars of Spain has announced that it will take part in the study of a decentralized application based on the use of blockchain technology to manage the use, update and backup of the building book in the real estate registry.

The real estate industry seems to be waking up to the use and implementation of state-of-the-art technologies in the processes surrounding real estate. The developed project aims to effectively solve the registration of users who show interest in visiting the object archive, based on the security and immutability of blockchain technology.

Colegio de Registradores Español will participate in the development of blockchain technology for the real estate sector
Colegio de Registradores Español will participate in the development of blockchain technology for the real estate sector

On this occasion, the project is framed in cooperation with the registrars by the Welcome Oliver Chair and the Department of Basic Legal Disciplines of the University of La Laguna as part of the development of the research project current challenges facing the land registry: Blockchain and data protection.

It is worth remembering that the Spanish School of Registrars’ incursion is not the first time it has dealt with this type of technology, as it co-publishes in the school’s bimonthly magazine of 2018, corresponding to the months of April and June I am pleased to receive a press release in which the dean and Alastria Blockchain signed an agreement between the two consortia aware that the digitization of files has been a necessity since then, without losing the north of the college.

The note published in the magazine reports that: â ????The College of Registrars of Spain joins the Alastria Consortium under the agreement signed by Dean María Emilia Adán at its headquarters; María Parga as Vice-President of Alastria; and Javier Ibá ez, member of the Alastria project team and sponsor of the consortium’s research and technology transfer committee. The event was attended by Josà © María de Pablos, Director of the Information Systems Service of the College of Registrars, and Silvino Navarro, Coordinator of the College’s New Technologies Commission. Alastria is a non-profit association that emerged from the private sector that brings together the main players in the economic and business world in Spain and promotes the digital economy in our country through the development of a blockchain platform.TO

Confidence in the security of the data stored on the blockchain is there at all levels, and this is one of the reasons this technology has grown exponentially over the past decade, aside from using any other type of system or technology that emerged efficient, but the blockchain lacks security and transparency.

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