Maryland HB823 establishes a pilot program using blockchain technology to record and verify real property ownership.
Maryland HB823 creates a Blockchain-Based Real Property Title Pilot Program within the State Department of Assessments and Taxation. The program aims to explore the use of blockchain technology for securely recording and verifying real property ownership and assessing its potential for resolving real property disputes. The pilot will involve up to three counties selected by the Department.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.