The solution was under process for a year with blockchain-based company Ripple, issuers of the XRPL token. The solution is in its pilot or testing phase, conducted by Colombia’s Ministry of Information and Communications Technologies (MinTIC).
The government entity is attempting to create blockchain-based use cases, and execute them for now, in various government agencies. The aim is to improve processes that are conventionally time-consuming for the everyday citizen and to make them less opaque.
Minister Carmen Valderrama was introducing an update on the country’s Blockchain rules when the MinTIC also presented Peersyst’s solution. The event was called— “For a more digital State: Blockchain at the service of the public area”. During this event, MinTICs.
Blockchain company Peersyst worked with Ripple in the implementation of the Colombian National Land Registry on top of the XRP Ledger (XRPL). Part of a nationwide initiative to improve the country’s blockchain capabilities, the announcement was made by top government officials.
Persist told everyone via their official Twitter account that their solution will be used by Colombia’s National Land Agency. Digital certificates will be issued by the government entity and they will be verified by QR codes.
“The solution has been implemented for Land Agency—it is based on xrpstamp.com which allows to register digital assets on XRPL and verify their authenticity with QRCode. The solution will register +100k adjudications in a short term to guarantee confidence for Colombia”.
The platform utilizes the XRP Stamp for its certificates. The XRP Stamp is a decentralized, secure, and cross-service tool.