EBSI - Government - Trusted registries
Trusted registries are an important use-case of EBSI for governments as they provide a secure and reliable way to store and manage various types of information. This information can include things like land registry records, business licenses, and other important government data.
- Land Registry: A trusted land registry can be implemented on EBSI to store and manage land ownership records. This can help prevent fraudulent activity, disputes, and streamline the process of buying and selling property. The EBSI land registry could allow for secure, real-time updates to be made to land records, reducing the likelihood of errors and ensuring that information is up-to-date.
- Business Registry: Another example of a trusted registry on EBSI is a business registry. This would allow for secure storage and management of business registration information, including details about company ownership, financial records, and business licenses. By implementing a trusted business registry on EBSI, governments could streamline the process of registering new businesses, making it faster and more efficient. It would also allow for better transparency and accountability for businesses, which would be beneficial for both businesses and government agencies.