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To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to the Answer of 26 October 2023 to Question 204013 on Land Registry, whether he has made an assessment of the potential merits of using blockchain technology when digitising the land registry.
To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to the Answer of 26 October 2023 to Question 204013 on Land Registry, whether he has made an assessment of the potential merits of using blockchain technology when digitising the land registry.
HM Land Registry’s (HMLR’s) Digital Street research and development programme carried out a successful research piece and prototype into Blockchain technologies in 2020 and a summary of the research work can be found here.
To ask the Secretary of State for Levelling Up, Housing and Communities, whether he has made an assessment of the potential merits of using blockchain technology in digitising the land registry.
To ask the Secretary of State for Levelling Up, Housing and Communities, whether he has made an assessment of the potential merits of using blockchain technology in digitising the land registry.
The Government strongly believes that there are significant opportunities from digitising HM Land Registry (HMLR) and making more information freely-available. HMLR is also committed to promoting digital innovation in the property market. In recent years, it has introduced digital tools relating to electronic signatures and a standard for digital identity solutions. HMLR is working collaboratively with stakeholders in the conveyancing sector and is considering a range of technologies to contribute to a truly digital, automated conveyancing process.
Government’s Roadmap to a Digital Future includes digital transformation in Government by “automating manual processes”. Almost 90% of HMLR’s applications are received via digital application routes and the majority of HMLR’s services are already automated. HMLR continues to increase automation to drive greater efficiency and deliver maximum value for the taxpayer, and to increase the proportion of end-to-end digital processes.