Crypto News
| Published On Jul 3, 2022 2:57 am CEST | By Peter Siu

Colombia Set to Utilize Ripple’s XRPL for Land Registry

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Leading provider of crypto payments solutions, Ripple Labs have agreed to a new deal with the Colombian government to use its XRP Ledger (XRPL).

After a year of hard work, Ripple partner Peersyst Technology, a Barcelona-headquartered software development firm, announced the launch of Colombia’s first National Land Registry on top of the XRPL Blockchain.

“Thrilled to announce that after a year of development with GobDigitalCO and Ministerio TIC, we launched the first National Land Registry on top of XRP Ledger. Main blockchain for all Colombians!”

Colombia’s land agency can now access the XRPL and register digital assets on its ledger to verify their authenticity via a QR code.

“The solution has been implemented for AgenciaTierras is based on xrpstam.com which allows to register digital assets on XRPL and verify their authenticity with QR code. The solution will register +100,000 adjudications in a short term to guarantee confidence for Colombia.”

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Meanwhile, Ripple’s Chief Technology Officer, David Schwartz, updated his 371,000 Twitter followers that his team recently released an upgrade improving the scalability of access to XRPL data:

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.