The city of South Burlington, Vt., is embarking on a pilot project with a startup blockchain firm in a possible step toward using the technology to replace the city’s system for recording property transactions. Vermont is one of the most aggressive states that’s supporting the development of blockchain technology as part of its effort to stoke its tech industry and create jobs. The South Burlington pilot project will involve recording only a few property sales on the blockchain registry. Propy is working with the government of Ukraine to replace its property recording system with the blockchain registry entirely, Ms. Karayaneva said. Ms. Kinville, South Burlington’s city clerk, said the city is “taking this one level at a time” and it’s far too early to predict that South Burlington will adopt the blockchain.

Source: Wall Street Journal January 30, 2018 22:18 UTC