Liberia: Liberia Pilots Blockchain Land Registration with Medici Land
Feb 19, 2021
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Ledger Insights
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Overstock.com’s blockchain subsidiary Medici Land Governance (MLG) launched a land administration pilot project using blockchain in the city of Monrovia, in Liberia. The pilot is a collaboration between the tech company, Liberia’s Land Authority department and the Ministry of Finance and Development Planning. Lack of clarity in land ownership suppresses economic activity by diminishing investment in real estate and making landowners reluctant to spend on property maintenance.