Ripple’s plan to tokenize Colombian land stalls amid new administration

Cointelegraph

Published Aug 31, 2022 10:59PM ET

Updated Sep 02, 2022 01:20AM ET

A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration.

The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected president Gustavo Petro was sworn into office.

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