Legal News

The blockchain boom—blockchain in property transactions

Published on: 20 February 2019
Published by: LexisPSL
  • The blockchain boom—blockchain in property transactions
  • How important is blockchain, in particular, in improving the home buying process?
  • Where do you see blockchain being utilised within property transactions?
  • HMLR using blockchain
  • Property data
  • What are the benefits of using blockchain and other technologies such as distributed ledgers and smart contracts in land registration?
  • Transparency
  • Security
  • Property ownership
  • What are the current barriers and pain points in moving towards blockchain based solutions?
  • More...

Article summary

Property analysis: As part of a series exploring the ‘blockchain boom’, we explore the ways in which blockchain can change property transactions, and the benefits or barriers to this. Matthew Pennington, director at Leads for Lawyers and QuoteXpress and law firm consultant, considers how HM Land Registry (HMLR) could use blockchain to streamline and improve property transactions, and the key barriers to the uptake of blockchain in the property sector. or take a trial to read the full analysis.

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