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Bitland Puts Land Titles on the Blockchain in Ghana

Source: bitcoin

Bitland

African blockchain project Bitland aims to use Bitcoin’s underlying technology for land title protection, with the goal of preventing corruption and opening “trillions” of dollars for infrastructure development.

Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services.

Bitland: Land Ownership on the Blockchain

This new initiative wants to use the power of the blockchain for land title protection. Given its ability to offer cost advantages, transparency and reliability, Bitland believes this technology can accomplish their goal.

The organization will use the blockchain to enable individuals to “survey land and record title deeds on the Bitland blockchain.” By “providing a permanent and auditable record” of survey data and land titles, the organization hopes to aid in resolving disputes over land ownership.

The organization’s platform is currently being piloted with 28 communities located in Kumasi, Ghana. The team plans to eventually expand the project across the entire African continent.

The team behind this project also believes that blockchain land title protection can “open up trillions of dollars in locked capital.” Because it is often difficult to get a land title in African countries, large amounts of land are barred from use, blocking capital that could be used to build homes, construct water systems or pave roads. The Bitland initiative believes that it can free up this capital by putting land titles on the blockchain, which would circumvent government corruption and abuse of power that slows down the land title process and hinders infrastructure development.

OpenLedger will be the basis of the initiative’s blockchain infrastructure, which will be powered by Cadastrals, the digital currency that will be the “entry token” to the organization’s blockchain.

20 million Cadastrals have been allocated for an ICO that will raise funds to “establish the first operational Bitland Center.” The ICO will be hosted by CCEDK, OpenLedger’s Danish registrar. Funds from the ICO will be held in escrow with OpenLedger. The ICO will run until June 1, after which unsold tokens will be sold through the Omni Tether platform “with a daily incremental price increase.”

The organization plans to directly fund infrastructure provision by collecting fees from the Bitland network, and distributing money from the main reserve to projects within Bitland communities.

According to OpenLedger CEO Ronny Boesing, the platform will be able to add a voting system to the Bitland project as OpenLedger is further developed.

OpenLedger and the Bitland team believes that, through their combined efforts, the Bitland project “is the first step to bringing true democracy and meritocracy to the world.” Bitland’s blockchain, paired with OpenLedger’s smart contracts capabilities can ultimately allow people “to use their mobile devices to register a plot of land with GPS accuracy, file a claim, register a dispute, sell or purchase land.” The potential outcomes of this project also include the ability to issue microloans and fulfill government contracts “on a platform that tracks progress and distributes funds accordingly.”

Pursuing this potential will be the primary focus of the project after its initial phase is complete.

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Images courtesy of Bitland.

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Bitland Puts Land Titles on the Blockchain in Ghana

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Blockchain Platform Emercoin is Moving Beyond Cryptocurrencies

Source: bitcoin

Emercoin

Though cryptocurrencies have received much attention with the rise of Bitcoin, what has resulted in more excitement and utility for real businesses has been what is possible using the underlying technology of cryptocurrencies, the blockchain. The team at Emercoin have matched creative ideas for what blockchain solutions are capable of to comprehensive technical approaches for solving issues surrounding current, centralized models of commerce.

This article was provided by the Vanbex Group.

CEO of Emercoin, Evgeny Shumilov, reflected on the origins of Emercoin, stating:

“I am often asked why EmerCoin is so named. It is from the word ‘emergence’ — signifying the emergence of new properties in the system, more than the sum of its components. This fusion, synthesis, evolution.”

As a leader in blockchain-based network security solutions, and worldwide Public Key Infrastructure (PKI), Emercoin has focused on three areas they feel they can add the most value: the workings of the Internet, online advertising and legal verification practices.

Emercoin: A Versatile Currency

Founded by Shumilov in December 2013, Emercoin was established as the currency for a variety of internet projects including social networks, research projects, networking, and gaming, as well as supporting and sponsoring high-tech projects such as robotics, electric vehicles and submersibles.

Shumilov recalls some of their earlier innovations leading to applications in streaming content.

“At that time, we offered the library for streaming content payment in SIP telephony. We hoped that the counterparties will be able to exchange traffic and money at the same time,” said Shumilov.

“Perhaps this method [was] ahead of [its] time, telephone operators were skeptical. It’s a pity. After some improvements, our library allow[ed] you to make money on any type of streaming content.”

As the company developed they moved into solving what they saw to be more pressing and addressable challenges in the space of decentralized blockchain services within the Emer platform.

Now, Emer is a platform that offers two primary product umbrellas, a blockchain-based platform for a variety of of services including security, advertising, and legal. It is also a payment services unit in Emercoin which also runs through the Emer platform.

 

While the name Emercoin might be recognizable from the standpoint of being a cryptocurrency used to send and receive payment and is ultimately tradeable, it is just a piece of what makes the Emer platform so valuable in the services it offers and the problems it can solve.

For developers seeking to build products or solutions based off of the Emer platform, they’ve provided a quick-start guide for deploying an Emercoin wallet on an Ubuntu instance within Microsoft Azure.

Considering other high profile blockchain-based companies have been given direct access to develop through the Azure virtual environment, Emer is in good company with developers doing serious work with serious technology.

This move is integrated into the “Blockchain Engine” project, designed to easily integrate blockchain innovations into existing businesses and startups.

Making Distributed Internet Possible

In a centralized world, Domain Name System (DNS), Secure Shell (SSH) and Secure Sockets Layer (SSL) services are often offered by default by domain name registries or hosting companies.

They all offer pretty much the same features and weaknesses. Despite many hosting and domain companies being well-guarded from an IT perspective, they are still subject to DDOS attacks and even governmental influence.

For a company operating within a region of the world that might be subject to censorship or attack from hackers, a decentralized platform for a DNS, SSH and SSL is a saving grace.

The company HashCoins uses Emer’s emcSSL/emcSSH technologies to manage their distributed mining pools. Even websites blocked by regional governments are able to operate without interruption using the distributed Emercoin DNS systems.

Blockchain for Legal Records and Verification

Digital proof-of-ownership is just one example of what the Emer platform offers to merchants who are looking to both scalably and transparently store records of both digital and physical assets on the blockchain.

From a resolution of land title disputes between law offices to licensing associated with anything from streaming video services to anti-virus software subscription, the Emer platform helps manage these processes.

In addition, the verification of these records is much simpler to access and complete using the Emer platform as all records are kept securely and accurately on the blockchain.

This can lower costs and the time spent both from a customer perspective and from the lawyer’s perspective, removing the need to deal with physical documents to complete routine transactions.

Blockchain for Advertising

One problem for several websites is online advertising, a key source of revenue, and managing payment models with advertisers.

Both ContextOne and Advendor use emcLNX as basic technology for their ad-tech businesses which allow them to more efficiently manage contracts between advertisers and publishers and the delivery of traffic or clicks between them.

Using decentralized blockchain ledger technology through Emer, the often mysterious space between publisher, advertisers and the middleman has been bridged.

Users will no longer need to deal with the limitations of Adsense, which requires a minimum of $100 in ad revenue to withdraw and a bank account to withdraw into.

This is especially attractive with the concept of Emercoin, which is a currency capable of exchanging payment between parties participating in the ad network.

With an eye towards innovation, Emer and Emercoin are also looking to use their blockchain technology to move into the area of streaming content online.

By using a decentralized, peer-to-peer payment model, users could pay through their browser for the exact amount of content that want to consume.

No ‘Pump-and-Dump’ Coin

Chief marketing officer at Emercoin Stanislav Polozov spoke on how he sees Emer playing a role in the future of blockchain technology.

“We want to be in the market for a long time and provide a bunch of services. We’re not a pump-and-dump coin.”

Polozov added, “VPN peer to peer connections — any protocols for that matter — can be made absolutely safe using blockchain. We will build on other protocols if enough people need them.”

“If people demand a solution, we will create it using Emer. Emer blockchain based solutions and products are bricks for people to build their own distributed structures.”

The team at Emercoin continues to focus on the fusion of their technological applications to real-life problems. The synthesis of new ideas and the evolution of the platform expand the realm of what is possible with blockchain and this will only continue to grow.


Images courtesy of Emercoin.

The post Blockchain Platform Emercoin is Moving Beyond Cryptocurrencies appeared first on Bitcoinist.net.

Blockchain Platform Emercoin is Moving Beyond Cryptocurrencies

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