About Land Layby
Land records in most developing countries are not available to the public. Tacit land information shared through generations is rarely upheld in cases of dispute and is often lost over time. Consequently, the general public is forced to trust the government to keep the land records intact. In an economy where trust is managed by a centralized authority, efforts to uphold trust are diffused by institutionalized asymmetry of information. We propose a solution through our blockchain platform to create a single Land LayBy Listing (LLL) of immutable and incorruptible land ownership details. Land detail entered on the LLL platform is secured through smart contracts. Access to the platform will be granted through the Harambee Token (HRBE). Our application of blockchain technology to decentralize our land option ledger, mirror the government’s land registry, and initiate the adoption of a decentralized ledger for the African land registry system, will be a strong gain for the economy. It will resurrect dead capital, facilitate economic development, and encourage sustainable investment. It will enhance land ownership rights and formalize land information that has been held in the minds of a chosen few in many communities throughout the continent. It is bound to affect all industries associated with the purchase, sale, and use of land; including the resources beneath, or on the surface.