Blockchain, Featured

Loudi City’s Real Estate Blockchain Platform To Improve Managing And Serving

The City of Loudi in Hunan Province recently launched real estate blockchain sharing platform that will improve managing and serving in the overall process and ensure that the people do not have to stand in queues for a long time. The officially launched first electronic voucher based on blockchain technology in the real estate space will offer online registrations to the masses thereby saving their time and hassles.

The real estate electronic registration will offer one window acceptance at one station to complete all the processes related to real estate. It will indeed be a great facility for the masses. According to the Deputy Mayor of Loudi City, Chen Hao, “The online launch of the sharing platform is conducive to optimizing the government process and simplifying the process of the masses.  He further added, “putting, managing, and serving”, and truly “data is more running, less people”. Run the road.”

Online Registration To Start From 15 November

Currently, the authorities are giving the real estate blockchain registration certificate of the Loudi City in mutual arrangement with the land, real estate, and taxation departments. However, from 15th November onwards it will be possible for the people to submit them online or even via bank. So, the people will be saved from going to different departments of taxation, land, and real estate for submission. Also, they will get the registration certificate without having to stand in the queue at any of these units, reported Politics People.

In the case the public wants to submit something with special circumstances, even then they can make an application for a paper certificate. At a recently held “Blockchain + Government Affairs” forum on the theme of “Linking Real Estate and Promoting Graffiti Suits” at Loudi City, topmost experts and entrepreneurs from the area delivered keynote speeches. In their speech, these experts especially focused on how blockchain and other technologies can benefit the government and introduce changes in its management functions for the better.

According to TokenPost, the launch of real estate blockchain platform comes in the wake of a major push of blockchain in China. A couple of months ago, the People’s Bank of China (PBoC) came out with “Bay Area Trade Finance Blockchain Platform” testing phase majorly focused on carrying out trade activities.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

Sangati has graduated in biological sciences and also has completed P.G. Diploma in Mass Communication. She has an experience of 14 years writing for leading ad agencies, corporate and media houses, online news channels and websites. She is passionate about writing, reading, music and traveling. Sangati writes blockchain and cryptocurrency news for OWLT Market.

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