commiteth
commented
7 years ago Current balance: 0.00000000
Contract address: 0x0c851c1e87e4944e8758c629c773accdeaffa236
Network: Mainnet
To claim this bounty sign up at https://commiteth.com
Open mleoanbarasan opened 7 years ago
commiteth
commented
7 years ago Current balance: 0.00000000
Contract address: 0x0c851c1e87e4944e8758c629c773accdeaffa236
Network: Mainnet
To claim this bounty sign up at https://commiteth.com
Status Hackathon Submission
Type: DApp
Github Repo:
Description:
Worldwide land speculation and land grab issues There has been growing concern about so-called land grabs, when foreign governments, real-estate developers or multinational companies, buy large areas of land for farming or speculation. In 2012 the United Nations urged nations to adopt stronger guidelines to secure access to land, fisheries and forests for millions of poor people who have historically used the land. It is estimated that in recent years, about 200 million unregistered hectars, or 8 times the size of Britain, has been bought or leased, primarily in Asia and Africa.
In Tamil Nadu, the most southern state of India. We see how government struggles to fight growing speculation of agricultural land for illegal real estate use. Although having a land registry, government fraud and a lack of transparency, leads to farmers being driven from their ancestial lands for ridiculous low prices. Land that is then illegally sold as 'panchayat-approved', or planning permission given, to the highest bidder.
Experts claim that the best ways to fight land-grab and illegal speculation is to create so called Communal Land Associations (CLA). An instrument that empowers farmers by unionizing and creating legal frameworks; If land use is continouosly recorded formally, it is easier to appeal to court, and easier to verify ownership and permits for future buyers.
Chitta; blockchain and DAOs for collaborative support and impermeable records We took up the challenge of creating an impermeable land ledger, but unlike other initiatives such as Bitland, we decided to use a community approach. Instead of transfering an existing – often tampered – government registry to the blockchain, we introduce a Dapp that allows everybody to claim a land token, but only commission a token after thorough verification using both factual knowledge – a question about the land, legal proof (if applicable) – a ID and registeration number match, and a social proof – other CLA members to vowe ownership.
If a token is issued, the holder will automatically become member of a regional Communal Land Association. The CLA is a smart contract DAO that organizes voting, solves disputes, verifies ownership, reclaims lost passphrases and allows support between members. We predict many disputable “e.g. double” – claims will need to be solved first within the CLA, but over time a secure, inclusive ledger will form with invaluable information.
The incentive for consensus-making is that tokens cannot be transferred, if a full or partially double claim is active on the underlying land. Tokenholders therefore need to request a voting of the other members of a regional association.
At the same time, Chitta hopes to connect with decentral supply chain ledgers, who can use CLA's to stimulate farmer communities to scan the output / input of what they produce. A CLA is able to offer collective purchasing discounts.
Team Members:
Preferred Name: Carst Abma Github Handle: @CarstA Slack Username: @carst
Preferred Name: Anandan P Github Handle: @anandsemtech Slack Username: @anand.seed
Preferred Name: Leo Anbarasan M Github Handle: @mleoanbarasan Slack Username: @leoanbarasanm Twitter Handle: @AnbarasanLeo
Preferred Name: Vivek E Github Handle: @vivekebics Slack Username: @vivek Twitter Handle: @vivekebics