For some countries, land deed registries are still paper-based and are unreliable in terms of accuracy and security. In some situations there have even been reports that some land records officials have been complicit in illegal land grabs.
Squatters can also try and claim land by building a structure on it, such as a house and then putting the structure to use by moving their family into the house and residing there. To try and combat this practice, land owners are encouraged to fence off their land and secure the deeds so that they can prove ownership.
VeriDoc Global has developed a verification system that leverages blockchain technology and smart contracts. Our solution allows you to verify that the land deed you are looking at is the true and correct deed. It aims to secure land rights as well as eliminate the ability for fraudsters to create duplicate land titles that can be sold to another party.
