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Vermont City, Real Estate Startup Try Out Blockchain for Recording Property Transactions
Government Technology: Among the many possible uses of blockchain, techno-enthusiasts have long thought of property record tracking as a prime example of how government could use the technology.
Now, a company is working with a Vermont city to test the concept. Since blockchain is still very much an emerging technology, it represents an early example of a city government trying the technology out.
In South Burlington, Vt., population 18,000 or so, a company called Propy has set up a pilot project with the City Clerk’s Office to test out blockchain as a new way to record property transactions.
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