Excellent use of a blockchain. It will show this technology is robust. I suppose all landowners will need to download that blockchain, and that the big difference with BTC will be that every transaction will need government's certification.
Really? I can't see that being the case at all.
All they'll be doing is registering through the government who'll go to Factom and they'll place the hashes on the blockchain. I'm sure plenty of landowners won't have the slightest clue what it really consists of. What they will know is that their claims can no longer be corrupted.
Well, it's quite true they won't need to download that blockchain, but I would because it would be smart, and make every landowner an active citizen, a certified bookkeeper, of land registry in Honduras.
Now I wonder if everything will be public, just like with
BTC because it would mean the poor will be able to see all the properties the rich have.