Her Majesty's Land Registry, a non-ministerial department within the UK government, has reached an agreement with Methods to leverage Corda, the blockchain platform built by New York-based R3. HM Land Registry wants to use the technology for the second phase of its R&D project Digital Street.
The UK government has already attempted to assess the potential of the distributed ledger technology (DLT), and the current move demonstrates it is ready to take concrete steps towards adopting it.
The Methods team will be assisted by a group of experts from R3, Blockchain Digital, and their partners. They will contribute their know-how, helping HM Land Registry handle the Digi...
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