Malta's PM: Every Rent Contract to Be Registered on the Blockchain

2019-6-25 22:00

The Prime Minister of Malta, Joseph Muscat, has announced that the island nation's upcoming rent law reforms will require all tenancy contracts to be registered on the blockchain. According to Malta Today, Muscat stated: "Every rent contract in Malta will be registered.

The system we will be using to register the contracts is blockchain - distributed ledger technology. " Blockchain Technology Will Make Rent Contracts Tamper-Proof According to Muscat, this will protect the tenancy agreements from being tampered with. Muscat also hinted that the island nation of slightly under half a million people will achieve this using a permissioned blockchain: "We

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blockchain rent malta muscat registered every contracts

Источник: ccn.com

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