Notice Details

Blockchain Services which provides tamper-proof, secure and trusted search results primarily within the deed recording and conveyance steps of property transactions The project objective to deliver a blockchain or decentralized digital ledger making the target data transparent, immutable and easily distributable. For the purposes of this project, the platform will record, by indexing and as possible storing digitized condominium declarations and related paperwork on the blockchain. DOF would add select recorded document types dated back to at least 1 year to the blockchain. Functionally, a complete chain of title for new condominium units with searchable interface will be available for users. In addition to recording and searching for chain of title another primary artifact produced will be digital certified copies of recorded documents. The system will be able to produce regular reports on blockchain access. The platform will be accessible by only Department of Finance staff or other approved users. There will be no public access to the application.