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2019-10-29 01:28:25

Blockchain to revamp land administration in South America

A leading Latin American bank Inter-American Development Bank (IDB) has partnered with a blockchain startup named ChromaWay to address some of the most pressing issues of land administration in the region. On 28th October 2019, ChromaWay reported that the firm is closely working with IDB to promote the blockchain applications in South America and the Caribbean. Having gained experience after working in countries like India, Australia, Sweden, and Canada, ChromaWay will leverage the technical know-how for better integration and adoption of the systems. The extensive two-year project led by the two companies in regions of Bolivia, Peru and Paraguay, will