New South Wales to trail blockchain for property transactions

New South Wales to trail blockchain for property transactions

The ChromaWay has associated with the New South Wales Land Registry Services (NSW LRS) for a system of property conveyance with the ChromaWay’s blockchain technology. According to ChromaWay, “Blockchain also has potential to transform land planning and developing processes with a simplified, more efficient approach that removes burdensome paper-based processes and duplicated work that is currently the norm.”

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