In Ukraine, real estate rights register to be on blockchain

In Ukraine, real estate rights register to be on blockchain

According to the Facebook post of People’s Deputy of Ukraine Taras Kozak, from January 1, 2018, state register of real estate rights will work on blockchain.

The People’s Deputy of Ukraine referenced to the speech of the Head of Justice Pavlo Petrenko at the meeting of first business figures – CEO Club Event. According to Kozak, in the course of several weeks, CETAM platform will work on blockchain. The same will happen to real estate rights register but only from 2018.

“It seems to be the first time on the globe when such a significant state cadastre operates on a well-tried and innovative platform,” commented Taras Kozak.

 

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