Land & Water Rights
LANDLand registry and management are critical tools for proving land ownership and protecting private property and land assets, which are arguably intrinsic to a functioning (and prospering) market economy. Below are a few ways that blockchain applications could be used to make the system more frictionless:
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WATERWater management is immediately critical due to a number of factors, including the predicted global water crisis and present water scarcity on every continent, from Flint, Michigan to Mali. Blockchain could revolutionize water management through:
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Real World Applications: |
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Cons: |
Security of the blockchain remains an issue, as well as the scalability of a project as tied to governments as land and water management.
Additionally, the energy consumption of blockchain applications and their carbon footprint may not be a sustainable way to address these concerns. |