Colombia has a public multipurpose cadastre policy, which will allow for an updated, reliable cadastre, consistent with the real estate registry system, digital and interoperable with other information systems. https://www.igac.gov.co/sites/igac.gov.co/files/dnp.pdf
This policy proposes to reach 100% coverage by 2025, with a multipurpose approach, and providing mechanisms for financial sustainability and permanent updating.
However, this system has some opportunities for improvement and one of them is linked to blockchain and how it could provide the cadastre with adequate information security instruments, especially in a country subject to such particular political and social conditions.
Security in the cadastre is security in land information, an instrument for its proper implementation and therefore an instrument for the fight against poverty.
There are fundamental entities that need to be advised and accompanied in this purpose, which would be achieved by giving them adequate information about the Blockchain system and how to access its use.
Through a specific consultancy for the management of Blockchain for cadastral projects to the National Planning Department, a great step forward in this matter would be achieved.
This is why the project is intended to provide advice on this matter through a dedicated team, which will review the status of the implementation of the cadastre and will provide a public policy proposal document for the implementation of blockchain in the current cadastral policy in Colombia.
This is a proposal specifically aimed at providing a nation with a blockchain solution to protect collective and individual data and properties which are constituted by the cadastral information of private and public real estate. At the same time it takes into account the ideas of Hernando de Soto, given that the multi-property cadastre is one of the most appropriate instruments for the formalization of property and to guarantee it, especially in countries where dispossession and property invasions have already generated a lot of damage.
The risks of this project are especially centered on the difficulty of accessing the officials responsible for the multipurpose cadastre policy in Colombia. There is also a risk regarding the implementation of the proposal that will be submitted to the government through the National Planning Department.